Dollar General Adjacent Land - Peoria, IL Msa
Dollar General adjacent parcel
Current C-zoning allows for conservation, residential estate with ability to have certain special uses for commercial
Retail corridor nearby includes Walmart, Bass Pro Shops, Costco, Casino and numerous others
Absolute Auction - NO Reserve
CBRE and are pleased to present Dollar General Adjacent land (“Property”) spread across ±4.77 acres and approximately three miles from I-74 and downtown Peoria, Illinois. The Property is located adjacent to a newer Dollar General with access and visibility to traffic counts of ±4,000 VPD on Meadow Avenue. his Property offers an exceptional investment opportunity via development and First BID Meets Reserve.
The Property is located in East Peoria and across the Illinois River from downtown Peoria. The city is home to several economic drivers including several Caterpillar Inc (Cat) sites, Illinois Central College, a regional community college and the Par-A-Dice Hotel and Casino. East Peoria has an expansive commercial district approximately two miles away from the Property including Walmart, Bass Pro Shops, Costco, the Casino and numerous other retailers. The Property benefits from strong demographics and in 2020, had approximately 74,200 individuals residing within a five-mile radius and average household income of .