For Lease
$7/SF/YR

3940 Il-251 Peru, IL 61354

High-traffic retail space in prime location

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional retail opportunity presents a +/- 65,445 square foot anchor space within the 470,000 square foot Peru Mall, a Class C regional shopping center in Peru, Illinois. Strategically located on IL-251, this single-story space boasts high visibility and accessibility, benefiting from approximately 14,900 vehicles passing daily. The property features multiple parking access points and external entrances for optimal customer flow. Its prime location at the intersection of IL-251 and 28th Street, with a traffic light, ensures maximum exposure. The mall itself offers co-promotion opportunities, both within the center and via social media channels. This standalone-capable space is situated in a dominant retail corridor, alongside established anchor tenants including Marshalls, AMC Theatres, and JoAnn Fabrics. The property sits on 40 acres of land, with a total of 62 suites, and is zoned B-2. The property's APN is 17-05-410-015, and the annual property taxes are $0.81 per square foot. This presents a unique chance to establish a significant retail presence in a thriving market. The property offers easy access to major highways and ample parking for customers.

Highlights

  • New roof installed in 2018.

Property Details for 3940 Il-251

Property type
Shopping malls, Retail properties
RSF (Rentable sq. ft)
470,000 SF
Class
C
Stories
1

Unit(s) available at that property

Space
A002
Size
65,445 SF
Rate per SF
$7

Location Insight

City
Peru
County
Lasalle
State
Illinois
Latitude
41.3556282
Longitude
-89.1280178

FAQs

What type of property is this?
Shopping mall - High-traffic retail space in prime location
Where is the shopping mall located?
The property is located at 3940 Il-251 Peru, IL.
What is the lease rate?
The lease rate is $7/SF/YR.
What are key features of this property?
This property features: New roof installed in 2018.; ;
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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3940 Il-251
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