7915 N Hale Ave _Property for Sale
7915 N Hale Ave _Property for Sale
7915 North Hale Avenue, Peoria, IL, 61615, US

7915 N Hale Ave

Description

YEAR 1 IN-PLACE NOI: +/- $633,057

OCCUPANCY: 70%

PROPERTY SIZE: 99,699 SF

WALT: 12 YEARS

YEAR BUILT: 1970

PARKING: 507 SPACES

REAL ESTATE TAX PARCEL: 14-05-1018

...

Investment highlights

Strong Leasing Momentum in Respositioning Asset

  1. 69,950 SF NEW LEASES

• New 15-year lease with O’Reilly Autoparts

• New 10-Year lease with Fun City Trampoline Park


Visibility and Access

  1. Located off W Pioneer Pkwy

(VPD: 15,400), a main east-west thoroughfare in Peoria, IL

• 3 ingress/egress points at the center and additional parking behind the center

• Pylon signage in front of the center


Value-Add Opportunity Across Remaining 30K SF

  1. Remaining 30K sf provides ability to increase NOI immediately through leasing
  2. Remaining vacancy in clean, empty-shell condition
  3. Ability to lease to office, flex, and storage users


Infill Location with Strong Surroundings Demographics (5-Mile Radius)

3-MILE DEMOGRAPHICS

• 37,738 Population

• $111,977 Average Household Income

• 17,164 Households

• 23,831 Workforce

• 77.3% White Collar

• 10.6% Blue Collar




Attributes

Building area net
99,888 sf
Occupancy
70%
Year built
1970
WALT
12 years

Contact brokers

7915 N Hale Ave (0 Properties)

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Last updated
Jul 31, 2025