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Retail Space with Digital Pylon Sign
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4700 N University St, Peoria, IL 61614

Retail space in a shopping center at busy University Street and Glen Avenue with signalized full-access entrances.

Space Size1,500 SF
Days on Market777

Property Features for 4700 N University St

General Information

Standard status Active
Size 1,500 SF
Property subtype RETAIL
Lease Type NNN

Additional Details

Road Access Yes

Amenities

on-site management office
digital pylon sign

Spaces For Lease

at 4700 N University St Contact us

4700 N University St $12/SF/Yr

Floor
1
Size
1,500 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- The location boasts a population of over 74,000 people within a three mile radius...
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Listing Agency: Mid-America Real Estate Group | Oakbrook Terrace
Listed By: Paige Schiesser
Source: Moodyscre
Added: Jul 30, 2024 Changed: Sep 12 Last Checked: Sep 13 at 10:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mid-America Real Estate Group | Oakbrook Terrace

Investment Insights

Based on property information with market context.

This retail space is located within a shopping center anchored by Schnucks, Sunrise Health Foods and Joann. The property provides ample on-site parking and an on-site management office, with a large digital pylon sign offering a prominent signage opportunity.

Positioned at one of Peoria’s busiest intersections, University Street and Glen Avenue are both full-access signalized entrances. University Street averages 20,000 cars per day, while Glen Avenue averages 13,500 cars per day traveling past the property. The center also benefits from a sizable nearby population, with more than 74,000 people within three miles and 150,000 within five miles.

The shopping center hosts community events, including the Peoria Farmers Market, with weekend programming featuring home-grown produce.

Key Highlights

  • Retail at one of Peoria’s busiest intersections: University St & Glen Ave in the center of Peoria
  • Full‑access, signalized entrances on both University St and Glen Ave
  • Traffic counts include 20,000 cars/day on University St and 13,500 cars/day on Glen Ave

Property Analytics

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Current Use

Jimmy John's Take-out & Catering Nick-N-Willy's Pizza Peoria Restaurant Roger G Burke ... (Bike/Boat/Book/etc) Store Rocky Mountain Chocolate ... Specialty Food Shop Mega Replay Peoria Arcade & Gaming Center

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm Auto Repair Shop Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,275
Businesses Nearby
273k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 41% Groceries 27% Shops & Services 24% Apparel 5%
Kroger Groceries
31,272 visits/mo 0.4 miles
Schnucks Groceries
27,814 visits/mo 0.1 miles
Chili's Grill & Bar Dining
25,059 visits/mo 0.2 miles
Culver's Dining
24,558 visits/mo 0.2 miles
CEFCU Shops & Services
16,853 visits/mo 0.5 miles

Demographics for 61614, IL

27,119
Population
13,870
Households
2
Avg Household Size
41
Median Age
46%
College-Educated
97%
High-School Grad
12.0 sq mi
ZIP Area
2,260
Density / Sq Mi
$68,379
Median Household Income
$46,540
Median Earnings
$948
Median Rent
$169,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail space in a shopping center at busy University Street and Glen Avenue with signalized full-access entrances.
Where is this shopping center located?
The property is located at 4700 N University St Peoria, IL.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Retail at one of Peoria’s busiest intersections: University St & Glen Ave in the center of Peoria; Full‑access, signalized entrances on both University St and Glen Ave; Traffic counts include 20,000 cars/day on University St and 13,500 cars/day on Glen Ave
(630) 954-7221 Call to check price and availability
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