Retail Strip Center with Digital
For Lease
Contact for pricing
4620-4700 N University St, Peoria, IL 61614
Multi-tenant strip center at signalized intersection with ample parking and anchored by Schnucks, Sunrise Health Foods, and Joann.
Property Size3,300 SF
Days on Market967
Property Features for 4620-4700 N University St
General Information
Standard status
Active
Size
3,300 SF
Property subtype
RETAIL
Lease Type
SF/yr
Amenities
on-site management office
digital pylon sign
Building Details
Tenancy
Multi
Listing Agency:
Mid-America Real Estate Group | Oakbrook Terrace
(630) 954-7221
Listed By:
Will Hayes
(309) 643-0717
Source:
Moodyscre
Added: Dec 6, 2023
Changed: Jul 26
Last Checked: Jul 30 at 1:37PM
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 strip center is located at a high-traffic, signalized intersection with full-access entrances on both University Street and Glen Avenue. The center features a large digital pylon sign for visibility, along with ample parking and an on-site management office to support day-to-day operations.
The property is positioned in the center of Peoria at one of the area’s busiest intersections. University Street averages 20,000 cars per day and Glen Avenue averages 13,500 cars per day traveling past the property. The surrounding area includes a population of more than 74,000 within a three-mile radius and 150,000 within a five-mile radius. The center is anchored by Schnucks, Sunrise Health Foods, and Joann, and the location hosts community events including the Peoria Farmers Market on weekends.
The property is positioned in the center of Peoria at one of the area’s busiest intersections. University Street averages 20,000 cars per day and Glen Avenue averages 13,500 cars per day traveling past the property. The surrounding area includes a population of more than 74,000 within a three-mile radius and 150,000 within a five-mile radius. The center is anchored by Schnucks, Sunrise Health Foods, and Joann, and the location hosts community events including the Peoria Farmers Market on weekends.
Key Highlights
- Multi‑tenant strip center at the University St & Glen Ave intersection in central Peoria
- Full‑access signalized entrances on both University St and Glen Ave
- Traffic counts: University St averages 20,000 cars/day; Glen Ave averages 13,500 cars/day past the property
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,180
Businesses Nearby
311k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 40%
Dining 34%
Shops & Services 20%
Apparel 4%
Hy-Vee
Groceries
49,807 visits/mo
0.5 miles
Kroger
Groceries
31,272 visits/mo
0.4 miles
Schnucks
Groceries
27,814 visits/mo
0.2 miles
Chili's Grill & Bar
Dining
25,059 visits/mo
0.2 miles
Culver's
Dining
24,558 visits/mo
0.0 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
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Shopping center - Multi-tenant strip center at signalized intersection with ample parking and anchored by Schnucks, Sunrise Health Foods, and Joann.
Where is this shopping center located?
The property is located at 4620-4700 N University St Peoria, IL.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Multi‑tenant strip center at the University St & Glen Ave intersection in central Peoria; Full‑access signalized entrances on both University St and Glen Ave; Traffic counts: University St averages 20,000 cars/day; Glen Ave averages 13,500 cars/day past the property
