3264 North University Street, Peoria, IL 61604
A newly built coffee shop combines dual drive-thru service with a 15-year corporate Absolute NNN lease.
Property Features for 3264 North University Street
General Information
Site & Location
Additional Details
Building Details
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Investment Insights
Based on property information with market context.
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