801 W Lake Ave

trategically situated at the busy intersection of N Sheridan Road and W Lake Avenue, Evergreen Square benefits from exposure to over 25,000 vehicles per day. The center is easily accessible from Downtown Peoria, Interstate 74, and major thoroughfares like Route 6 and Route 40. With multiple ingress/egress points and pylon signage opportunities, visibility and traffic flow are optimized for tenants. The surrounding area features a high-density residential population with strong household income levels and a solid daytime employee base. Within a 3-mile radius, there are over 74,000 residents and more than 32,000 households, offering a stable and diverse consumer demographic.Evergreen Square is a high-visibility, multi-tenant shopping center located in the heart of Peoria's vibrant retail corridor. Anchored by nationally recognized tenants such as Kroger, Citi Trends, and Dollar Tree, this community center boasts over 260,000 square feet of gross leasable area and is supported by strong daily traffic volumes and excellent accessibility. A range of retail units are available, including a built-out restaurant space and several large-format suites that offer redevelopment potential for national retail, medical, service, or entertainment users. The available space offers a unique opportunity to repurpose and modernize retail in a thriving trade area. The center is surrounded by new developments and in close proximity to established and growing residential neighborhoods, brand new apartment complexes, and other thriving commercial centers. These dynamics provide a consistent customer base and strong foot traffic. Rental Rates: Estimated rent ranges from $14.00 to $18.00 per square foot (NNN) depending on suite size and required tenant improvement allowance.