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Dutch Bros NNN Coffee Property

3264 North University Street, Peoria, IL 61604

For Sale
Contact for pricing

A newly built coffee shop combines dual drive-thru service with a 15-year corporate Absolute NNN lease.

Property Size1,268 SF
Lot Size1.00 Acre
Price / SF$2,223
Days on Market26

Property Features for 3264 North University Street

General Information

Standard status Active
Size 1,268 SF
Lot size 1.00 Acre
Property subtype Retail

Site & Location

Corner Location Yes
Drive-Thru Yes
Highway Access Yes
Road Access Yes

Additional Details

Cap Rate 5.85%
Tenant in Place Yes

Building Details

Buildings 1
Tenancy Single
Listing Agency: Faris Lee Investments
Listed By: Tyler Strauss · License #CA 02059923
Source: Crexi
Added: Oct 15 Changed: Nov 8 Last Checked: Nov 8 at 3:37PM

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 Faris Lee Investments

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This Dutch Bros coffee property in Peoria, Illinois, includes a brand-new 1,268-square-foot building designed for dual drive-thru service. The offering conveys fee simple ownership of the building and its approximately 1.0-acre parcel. A corporate Absolute NNN lease has a 15-year term, with rent increases of 10% every five years.

The site occupies a hard corner with frontage on University Street, near Interstate 74, which carries 47,300 vehicles per day. Walmart and University Plaza are adjacent; Northwoods Mall and Glen Hollow Shopping Center are also nearby. The property is supported by the surrounding hospital, university, and high school presence described for the area.

Key Highlights

  • Brand‑new 1,268‑square‑foot Dutch Bros coffee shop with dual drive‑thru service
  • 15‑year corporate Absolute NNN lease with 10% rent increases every five years
  • Fee simple ownership of an approximately 1.0‑acre parcel and building

Property Analytics

Current Use

Coffee shops

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Spa & Massage Center HVAC Service Hair Salon

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

Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

516
Businesses Nearby
267k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 33% Dining 25% Superstores 23% Groceries 9%
Walmart Superstores
60,211 visits/mo 0.2 miles
Hobby Lobby Shops & Services
45,335 visits/mo 0.2 miles
McDonald's Dining
27,567 visits/mo 0.2 miles
Aldi Groceries
24,218 visits/mo 0.0 miles
Steak 'n Shake Dining
12,416 visits/mo 0.1 miles

Demographics for 61604, IL

29,344
Population
13,341
Households
2.2
Avg Household Size
39
Median Age
22%
College-Educated
89%
High-School Grad
15.2 sq mi
ZIP Area
1,931
Density / Sq Mi
$50,628
Median Household Income
$34,577
Median Earnings
$904
Median Rent
$100,000
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

Frequently Asked Questions

What type of property is this?
NNN property - A newly built coffee shop combines dual drive-thru service with a 15-year corporate Absolute NNN lease.
Where is this nnn property located?
The property is located at 3264 North University Street Peoria, IL.
What is the asking price?
The asking price for this property is $2,820,000.
What are key features of this property?
This property features: Brand‑new 1,268‑square‑foot Dutch Bros coffee shop with dual drive‑thru service; 15‑year corporate Absolute NNN lease with 10% rent increases every five years; Fee simple ownership of an approximately 1.0‑acre parcel and building
(949) 633-1872 Call to check price and availability
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