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Peoria Retail Space For Lease
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4620-4700 N University St, Peoria, IL

Retail spaces available in Peoria's established Metro Centre shopping center.

Space Size1,700 SF - 5,250 SF
Lot Size4.86 Acres
Days on Market315

Property Features for 4620-4700 N University St

General Information

Standard status Active
Size 1,700 SF - 5,250 SF
Lot size 4.86 Acres
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 4620-4700 N University St Contact us

4620 - 4700 N University St $13/SF/Yr

Floor 1
Size 1,700 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- Retail space for lease at one of Peoria’s most prominent & longstanding shopping centers. - Metro Centre was developed in 1971 as a Peoria destination for unique and specialty stores. - The Centre continues to evolve by keeping a balance between national tenants while not abandoning the core focus on local and small businesses. - Centrally located in Peoria with 22,500 CPD on University and 15,900 CDP on Glen Ave. - Spaces available range from 1,500 SF to 5,200 SF with the option to combine several contiguous units to offer up to 11,450 SF.
Contact us

4620 - 4700 N University St $13/SF/Yr

Floor 1
Size 2,250 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- Retail space for lease at one of Peoria’s most prominent & longstanding shopping centers. - Metro Centre was developed in 1971 as a Peoria destination for unique and specialty stores. - The Centre continues to evolve by keeping a balance between national tenants while not abandoning the core focus on local and small businesses. - Centrally located in Peoria with 22,500 CPD on University and 15,900 CDP on Glen Ave. - Spaces available range from 1,500 SF to 5,200 SF with the option to combine several contiguous units to offer up to 11,450 SF.
Contact us

4620 - 4700 N University St $13/SF/Yr

Floor 1
Size 5,250 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- Retail space for lease at one of Peoria’s most prominent & longstanding shopping centers. - Metro Centre was developed in 1971 as a Peoria destination for unique and specialty stores. - The Centre continues to evolve by keeping a balance between national tenants while not abandoning the core focus on local and small businesses. - Centrally located in Peoria with 22,500 CPD on University and 15,900 CDP on Glen Ave. - Spaces available range from 1,500 SF to 5,200 SF with the option to combine several contiguous units to offer up to 11,450 SF.
Contact us

4620 - 4700 N University St $15/SF/Yr

Floor 1
Size 5,000 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- Retail space for lease at one of Peoria’s most prominent & longstanding shopping centers. - Metro Centre was developed in 1971 as a Peoria destination for unique and specialty stores. - The Centre continues to evolve by keeping a balance between national tenants while not abandoning the core focus on local and small businesses. - Centrally located in Peoria with 22,500 CPD on University and 15,900 CDP on Glen Ave. - Spaces available range from 1,500 SF to 5,200 SF with the option to combine several contiguous units to offer up to 11,450 SF.
Contact us

4620 - 4700 N University St $13/SF/Yr

Floor 1
Size 2,000 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- The location boasts a population of over 74,000 people within a three mile radius and 150,000 within a five mile radius - Located at one of peoria’s busiest intersections, university street and glen avenue in the center of peoria - Both the university street and glen avenue entrances are full access signalized intersections - University street averages 20,000 cars per day and glen avenue averages 13,500 cars per day travelling past the property - Fantastic signage opportunity on large digital pylon sign - Ample parking & on-site management office - Hosts community events like the peoria farmers market. - Every weekend featuring the largest selection of home-grown produce in town. - Anchored by schnucks, sunrise health foods and joann
Contact us

4620 - 4700 N University St $13/SF/Yr

Floor 1
Size 2,250 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- The location boasts a population of over 74,000 people within a three mile radius and 150,000 within a five mile radius - Located at one of peoria’s busiest intersections, university street and glen avenue in the center of peoria - Both the university street and glen avenue entrances are full access signalized intersections - University street averages 20,000 cars per day and glen avenue averages 13,500 cars per day travelling past the property - Fantastic signage opportunity on large digital pylon sign - Ample parking & on-site management office - Hosts community events like the peoria farmers market. - Every weekend featuring the largest selection of home-grown produce in town. - Anchored by schnucks, sunrise health foods and joann
Contact us

4620 - 4700 N University St $13/SF/Yr

Floor 1
Size 4,000 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- The location boasts a population of over 74,000 people within a three mile radius and 150,000 within a five mile radius - Located at one of peoria’s busiest intersections, university street and glen avenue in the center of peoria - Both the university street and glen avenue entrances are full access signalized intersections - University street averages 20,000 cars per day and glen avenue averages 13,500 cars per day travelling past the property - Fantastic signage opportunity on large digital pylon sign - Ample parking & on-site management office - Hosts community events like the peoria farmers market. - Every weekend featuring the largest selection of home-grown produce in town. - Anchored by schnucks, sunrise health foods and joann
Contact us

4620 - 4700 N University St $14/SF/Yr

Floor 1
Size 3,300 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- The location boasts a population of over 74,000 people within a three mile radius and 150,000 within a five mile radius - Located at one of peoria’s busiest intersections, university street and glen avenue in the center of peoria - Both the university street and glen avenue entrances are full access signalized intersections - University street averages 20,000 cars per day and glen avenue averages 13,500 cars per day travelling past the property - Fantastic signage opportunity on large digital pylon sign - Ample parking & on-site management office - Hosts community events like the peoria farmers market. - Every weekend featuring the largest selection of home-grown produce in town. - Anchored by schnucks, sunrise health foods and joann
Contact us
Listing Agency: Joseph & Camper Commercial
Listed By: Will Hayes · License #475122056
Source: Moodyscre
Added: Nov 24, 2025 Changed: Sep 10 Last Checked: Oct 4 at 12:52PM

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.

Retail spaces are available for lease within Metro Centre, a longstanding shopping center established in 1971 in Peoria. The center aims to maintain a mix of national tenants alongside local and small businesses. Located centrally in Peoria, the property experiences traffic of 22,500 cars per day on University Street and 15,900 cars per day on Glen Avenue. Available spaces range from 1,500 to 5,200 square feet, with the option to combine contiguous units for a total of up to 11,450 square feet.

Key Highlights

  • Prominent retail space in Metro Centre, a longstanding, well‑known shopping center.
  • Centrally located in Peoria with high traffic counts on University and Glen Ave.
  • Variety of space sizes available, ranging from 1,500 SF to 5,200 SF.

Property Analytics

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Open 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

NNN (Triple Net)
Lease Type
$1.95 /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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail spaces available in Peoria's established Metro Centre shopping center.
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 $13 SF/Yr.
What are key features of this property?
This property features: Prominent retail space in Metro Centre, a longstanding, well‑known shopping center.; Centrally located in Peoria with high traffic counts on University and Glen Ave.; Variety of space sizes available, ranging from 1,500 SF to 5,200 SF.
(309) 643-0717 Call to check price and availability
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