Fondulac Plaza
Spaces
FORMER BIG LOTS FOR LEASE
Building description
Fondulac Plaza at 2516 East Washington Street, East Peoria, IL 61611 offers a standout leasing opportunity along one of East Peoria’s primary retail corridors. This established 84,116 SF multi-tenant shopping center sits on 8 acres with excellent visibility, five separate entrances, and strong traffic counts exceeding 20,000 vehicles per day on East Washington Street, plus convenient access to I-74 with more than 64,900 VPD nearby.
The former Big Lots anchor space features up to 38,109 SF available, with additional shop space options from 1,035 SF to 38,109 SF, making it ideal for retailers, medical users, service providers, and destination concepts. Tenants benefit from prominent anchor positioning next to Dollar General, exclusive signage potential, and a large parking field for easy customer access. Asking rent is $11.00 PSF NNN (estimated CAM/NNN at $3.00 PSF), with landlord flexibility on tenant improvements and free rent for qualified deals.
Co-tenancy includes Dollar General and Fondulac Community Bank, alongside a mix of retail, medical, and service users. Surrounded by regional employers, tourism drivers, and strong household incomes, Fondulac Plaza is well-positioned for businesses seeking visibility, accessibility, and growth in the East Peoria market.
Building highlights
- Fondulac Plaza is a Multi-tenant Retail Center Located on a Primary Retail Corridor | Traffic Counts at 20,000+ VPD
- 46,919 SF Available for Lease | 38,109 SF Available for Larger Retail Tenant
- Asking Rent: $11 PSF + NNN (estimated $3.00 PSF) | TI and Rent Flexibility Considered
- The Shopping Center has Five Separate Entrances and Excellent Roadside Visibility
- Additional .74 Acre out lot Available for Sale/Lease
- Built in 1977 | Renovated in 1990 | Sits on 8 Acres
- The Center Benefits from Convenient Access and Proximity to I-74 with an Average 64,900+ Vehicles Per Day
- Average Household Income is $94,023 Annually within One Mile
- East Peoria Continues to Experience Commercial Growth Supported by Tourism, Riverfront Attractions, and Regional Employment Centers
- Anchor Tenants Include Dollar General & Fondulac Community Bank
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