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Retail Space in Shopping Center
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4620-4700 N University St, Peoria, IL 61614

Retail suites are available within a longstanding Peoria shopping center with multiple contiguous options.

Space Size20,200 SF
Days on Market519

Property Features for 4620-4700 N University St

General Information

Standard status Active
Size 20,200 SF
Property subtype RETAIL
Lease Type NNN

Additional Details

Business Included No
Traffic Count 22,500 vehicles/day

Building Details

Year Built 1971

Spaces For Lease

at 4620-4700 N University St Contact us

4620 - 4700 N University St $10/SF/Yr

Floor
1
Size
20,200 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Retail space for lease at one of Peoria’s most prominent & longstanding shopping...
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Listing Agency: Joseph & Camper Commercial
Listed By: Will Hayes · License #475122056
Source: Moodyscre
Added: Mar 20, 2025 Changed: Aug 8 Last Checked: Aug 20 at 7:56AM

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 Joseph & Camper Commercial

Investment Insights

Based on property information with market context.

This offering provides retail space for lease within Metro Centre, a shopping center developed in 1971. Available suites range from 1,500 SF to 5,200 SF, with the option to combine several contiguous units to create larger footprints up to 11,450 SF.

The center is centrally located in Peoria and is served by significant traffic along University and Glen Ave, with 22,500 CPD on University and 15,900 CDP on Glen Ave. Metro Centre continues to evolve with a mix of national tenants alongside local and small businesses.

For tenants seeking flexible retail configurations, the availability of multiple suite sizes and the ability to combine adjacent spaces support a range of merchandising and operational needs within a prominent retail destination.

Key Highlights

  • Retail space for lease at Metro Centre, a Peoria shopping center developed in 1971.
  • Centrally located with traffic counts of 22,500 CPD on University and 15,900 CPD on Glen Ave.
  • Available suites range from 1,500 SF to 5,200 SF.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply HVAC Service Big Box & Wholesale Store Gym & Fitness Center

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

22,500 VPD
Traffic count
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,180
Businesses Nearby
311k
Monthly Visits Nearby
Well-served
Demand for This Use

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

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

What type of property is this?
Shopping center - Retail suites are available within a longstanding Peoria shopping center with multiple contiguous options.
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 $10 SF/Yr.
What are key features of this property?
This property features: Retail space for lease at Metro Centre, a Peoria shopping center developed in 1971.; Centrally located with traffic counts of 22,500 CPD on University and 15,900 CPD on Glen Ave.; Available suites range from 1,500 SF to 5,200 SF.
(309) 643-0717 Call to check price and availability
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