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Strip Mall with Contiguous Suites
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4620 N University St, Peoria, IL 61614

Available suites can be combined into a larger contiguous space.

Space Size911 SF - 5,250 SF
Property Size193,410 SF
Days on Market195

Property Features for 4620 N University St

General Information

Standard status Active
Size 911 SF - 5,250 SF
Property subtype Strip Center

Building Details

Building Size 193,410 SF
Year Built 1971

Spaces For Lease

at 4620 N University St Contact us

Suite 10

Size
2,250 SF
Lease Type
NNN
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Suite 11-12

Size
5,250 SF
Lease Type
NNN
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Suite 13

Size
2,250 SF
Lease Type
NNN
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Suite 1B

Size
3,300 SF
Lease Type
NNN
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Suite 20

Size
2,250 SF
Lease Type
NNN
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Suite 24

Size
1,100 SF
Lease Type
NNN
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Suite 43

Size
911 SF
Lease Type
NNN
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Suite 51-52

Size
5,000 SF
Lease Type
NNN
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Suite 53

Size
2,000 SF
Lease Type
NNN
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Suite 54-55

Size
4,000 SF
Lease Type
NNN
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Suite 68

Size
1,875 SF
Lease Type
NNN
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Suite 81-82

Size
2,838 SF
Lease Type
NNN
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Suite 83

Size
1,500 SF
Lease Type
NNN
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Suite 9

Size
1,700 SF
Lease Type
NNN
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Suite 93

Size
2,500 SF
Lease Type
NNN
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Suite 94

Size
1,620 SF
Lease Type
NNN
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Listing Agency: Joseph & Camper Commercial
Listed By: Will Hayes · License #475122056
Source: Thebrokerlist
Added: Feb 18 Changed: Aug 30 Last Checked: Aug 30 at 9:24PM

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.

Metro Centre is a strip mall retail property at 4620 N University St in Peoria, Illinois. Built in 1971, the center offers available suites from 1,500 SF to 5,200 SF, with contiguous units that can be combined to create up to 11,450 SF. A separate 5,600 SF former restaurant space includes some remaining equipment.

The property is positioned along University and Glen Avenue, with reported traffic volumes of 22,500 CPD on University and 15,900 CDP on Glen. The tenant mix is described as including both national operators and local or small businesses, supporting a range of retail and service-oriented formats within the center.

Key Highlights

  • Retail suites from 1,500 SF to 5,200 SF
  • Contiguous units can combine for up to 11,450 SF
  • 5,600 SF former restaurant space with some equipment remaining

Property Analytics

Current Use

oreck clean home Home Appliance Store Bard Optical - Peoria ... Eye Care Center Linda's Vacuum Center ... Home Appliance Store Little Green Apple (Bike/Boat/Book/etc) Store Kenneth Schaidle, OD ... Physician

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

Location Intelligence

Trade Area within ½ mile

1,180
Businesses Nearby
311k
Monthly Visits Nearby

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
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Frequently Asked Questions

What type of property is this?
Strip mall - Available suites can be combined into a larger contiguous space.
Where is this strip mall located?
The property is located at 4620 N University St Peoria, IL.
What are key features of this property?
This property features: Retail suites from 1,500 SF to 5,200 SF; Contiguous units can combine for up to 11,450 SF; 5,600 SF former restaurant space with some equipment remaining
More about this property
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