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Pioneer Crossing 2323 W Pioneer Pky
1,400 - 5,200 SF of Retail Space Available in Peoria, IL 61615
Highlights
- Up to 10,000 square feet of space, abundant parking, and a large truck court.
- Excellent signage opportunity with 1,800 feet of frontage on W Pioneer Parkway that is seen by 31,112 vehicles each day.
- Two miles to W War Memorial Drive provides a quick, 15-minute drive to downtown Peoria, perfectly placed to serve commuters.
- Surrounded by dozens of businesses and residential communities with a lack of big-box options providing a built-in consumer base.
- Average household income of $95,973 contributes to $239.5 million of consumer spending in just a two-mile radius.
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 1,400-5,200 SF | 3 Years | £7.90 /SF/PA £0.66 /SF/MO £85.04 /m²/PA £7.09 /m²/MO £41,081 /PA £3,423 /MO | Triple Net |
2323 W Pioneer Pky - 1st Floor
Space is getting built out. We are open to TI Money. Please call with questions.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Includes 2,000 SF of dedicated office space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT Pioneer Crossing
- Tenant
- Description
- US Locations
- Reach
- Amazing Nails & Spa
- Nail Salon
- 1
- Local
- Dollar Tree
- Dollar/Variety/Thrift
- 10,536
- International
- Verizon
- Wireless Communications
- 8,722
- International
| Tenant | Description | US Locations | Reach |
| Amazing Nails & Spa | Nail Salon | 1 | Local |
| Dollar Tree | Dollar/Variety/Thrift | 10,536 | International |
| Verizon | Wireless Communications | 8,722 | International |
PROPERTY FACTS FOR 2323 W Pioneer Pky , Peoria, IL 61615
| Min. Divisible | 1,400 SF | Frontage | |
| Centre Type | Neighborhood Center | Gross Leasable Area | 138,510 SF |
| Parking | 755 Spaces | Total Land Area | 13.80 AC |
| Stores | 8 | Year Built | 2000 |
| Centre Properties | 3 |
| Min. Divisible | 1,400 SF |
| Centre Type | Neighborhood Center |
| Parking | 755 Spaces |
| Stores | 8 |
| Centre Properties | 3 |
| Frontage | |
| Gross Leasable Area | 138,510 SF |
| Total Land Area | 13.80 AC |
| Year Built | 2000 |
About the Property
Nestled in a commercial hub just outside of Peoria, Pioneer Crossing presents an incredible opportunity to bring a big-box location to a highly underserved area. 2323 W Pioneer Parkway offers 5,200 square feet of space and can be subdivided to accommodate a variety of configurations. With three loading docks and a large truck court, this space is ideal for any tenant with shipping needs. The only other tenants in the center are Dollar Tree and a few small businesses, leaving the perfect opening to anchor Pioneer Crossing and provide relief to a market where growth has outpaced supply. Surrounded to the North by large industrial and commercial facilities and an ever-growing suburban sprawl to the South, leaving a robust consumer base that contributes to $1.1 billion in spending within a five-mile radius. Retail options are few and far between for the 16,394 employees in a two-mile radius with the only large stores being Walmart, Aldi, Menards, Sam’s Club, and Kroger available outside of the downtown congestion. The clear need for more retail options combined with a space primed to meet that need creates a perfect storm to thrive in this bustling area.
- Dedicated Turn Lane
- Signage
- Kiosk/Cart Space
- Air Conditioning
Nearby Major Retailers
-
Travis Overhue -
Affordable Family Storage
Presented by
Pioneer Crossing | 2323 W Pioneer Pky
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