3624 N University St, Peoria, IL 61614
A newly built coffee location is leased to a corporate tenant under an absolute NNN structure.
Property Features for 3624 N University St
General Information
Site & Location
Building Details
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Investment Insights
Based on property information with market context.
The site is near the intersection of Interstate 74 and University Street in Peoria, with the intersection identified at 47,300 vehicles per day. Walmart, Northwoods Mall, and Glen Hollow are noted in the surrounding area.
A 15-year corporate lease provides for 10% rental increases and is structured as absolute NNN. The property is positioned within Peoria, described as a healthcare and employment center serving a regional population of more than 1.7 million.
Key Highlights
- Dutch Bros coffee property with dual drive‑through lanes
- 1,268‑square‑foot building completed in 2026
- Approximately 1.0‑acre parcel; fee‑simple ownership includes land and building