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Retail/Office Building with Parking
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7501 N University St, Peoria, IL 61614

Leasing available in street-level and garden-level retail and office spaces with 172+ on-site parking stalls.

Property Size2,102 SF
Days on Market651

Property Features for 7501 N University St

General Information

Standard status Active
Size 2,102 SF
Total Parking Spaces 172
Property subtype RETAIL
Lease Type SF/mo

Additional Details

Traffic Count 16,400 vehicles/day

Building Details

Tenancy Multi
Listing Agency: Maloof Commercial
Listed By: Jason Miller · License #475164113
Source: Moodyscre
Added: Oct 18, 2024 Changed: Jul 26 Last Checked: Jul 30 at 7:42AM

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 Maloof Commercial

Investment Insights

Based on property information with market context.

This retail and office building offers multiple leasing opportunities across street-level spaces and a garden-level setup used for retail and office. Available spaces range from approximately 120 SF to 3,904 SF, supporting a variety of on-site needs within the same property. The building totals about 65,000 SF and is currently occupied by approximately 33 tenants, with a long-standing tenant history indicated by numerous tenants having 15+ years at the property.

Located on North University Street with high visibility, the property is identified as a 16,400 CPD location. On-site parking is available with more than 172 spaces to support customer and employee access.

Suites are offered within a consolidated building layout, providing both retail and office space options under one ownership structure for leasing.

Key Highlights

  • Retail/office building on North University with street‑level and garden‑level spaces available for lease
  • 172+ on‑site parking spaces to support tenant and customer access
  • Spaces available range from 120 SF to 3,904 SF

Property Analytics

Current Use

Illinois Alcohol & Drug ... Medical Clinic Dukes Business Consulting Business Management Consultant Sylvan Learning of Peoria Tutoring Service Armstrong James L ... Dental Office Barkley Connie Dental Office

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Garden Center Carpet & Flooring Store Cafe & Coffee Shop

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

16,400 VPD
Traffic count
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.46 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

879
Businesses Nearby
Under-served
Demand for This Use

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Leasing available in street-level and garden-level retail and office spaces with 172+ on-site parking stalls.
Where is this storefront property located?
The property is located at 7501 N University St Peoria, IL.
What is the lease rate?
The lease rate is $1,700 /Mo.
What are key features of this property?
This property features: Retail/office building on North University with street‑level and garden‑level spaces available for lease; 172+ on‑site parking spaces to support tenant and customer access; Spaces available range from 120 SF to 3,904 SF
(309) 693-3000 Call to check price and availability
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