Description
For the first time since its development, the Oak Cliff Park shopping center in Peoria, IL is being offered for sale. The property is a 46,620 SF neighborhood retail center with an additional land component, strategically positioned at the signalized intersection of Knoxville Avenue (IL-40) and Lake Avenue. Situated on 3.05 acres with 172 surface parking spaces, the Property consists of four meticulously maintained multi-tenant buildings that are currently 86% leased. Oak Cliff Park is anchored by Monical's Pizzaoperating on a long-term lease through 2033alongside a diverse mix of medical, service and retail tenants. With traffic counts exceeding 25,000 vehicles per day and strong neighborhood positioning, Oak Cliff Park represents a compelling opportunity to acquire a high-visibility, cash-flowing retail investment with value-add potential in the heart of Peoria's commercial corridor.
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0BEDS
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3.05ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
For the first time since its development, the Oak Cliff Park shopping center in Peoria, IL is being offered for sale. The property is a 46,620 SF neighborhood retail center with an additional land component, strategically positioned at the signalized intersection of Knoxville Avenue (IL-40) and Lake Avenue. Situated on 3.05 acres with 172 surface parking spaces, the Property consists of four meticulously maintained multi-tenant buildings that are currently 86% leased. Oak Cliff Park is anchored by Monical's Pizzaoperating on a long-term lease through 2033alongside a diverse mix of medical, service and retail tenants. With traffic counts exceeding 25,000 vehicles per day and strong neighborhood positioning, Oak Cliff Park represents a compelling opportunity to acquire a high-visibility, cash-flowing retail investment with value-add potential in the heart of Peoria's commercial corridor.
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