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Shopping Center Retail Space
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4700 N University St, Peoria, IL 61614

Retail spaces are available at Metro Centre, with options to combine contiguous units for larger footprints.

Space Size911 SF
Days on Market225

Property Features for 4700 N University St

General Information

Standard status Active
Size 911 SF
Net Rentable 1,500 SF
Property subtype RETAIL
Lease Type NNN

Space & Availability

Available Space 1,500-11,450 SF
Contiguous Space 11,450 SF
Space Use Retail

Building Details

Year Built 1971
Tenancy Multi

Spaces For Lease

at 4700 N University St Contact us

4700 N University St $14/SF/Yr

Floor
1
Size
911 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Retail space for lease at one of Peoria’s most prominent & longstanding shopping...
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Listing Agency: Joseph & Camper Commercial
Listed By: Will Hayes · License #475122056
Source: Moodyscre
Added: Jan 7 Changed: Aug 8 Last Checked: Aug 20 at 9:53AM

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 offers retail space for lease at a longstanding shopping center developed in 1971 as a Peoria destination for unique and specialty stores. The center continues to evolve, balancing national tenants with local and small businesses.

Metro Centre is centrally located in Peoria with reported traffic counts of 22,500 CPD on University and 15,900 CDP on Glen Ave. Available spaces range from 1,500 SF to 5,200 SF, with the option to combine several contiguous units to create up to 11,450 SF. The available configurations can support both smaller retail needs and larger footprints when adjacent space is required.

Address: 4700 N University St, Peoria, IL 61614.

Key Highlights

  • Metro Centre developed in 1971 as a Peoria destination for specialty retail
  • Reported traffic counts: 22,500 CPD on University and 15,900 CPD on Glen Ave
  • Retail spaces available from 1,500 SF to 5,200 SF

Property Analytics

Current Use

Jimmy John's Take-out & Catering Nick-N-Willy's Pizza Peoria Restaurant Roger G Burke ... (Bike/Boat/Book/etc) Store Rocky Mountain Chocolate ... Specialty Food Shop Mega Replay Peoria Arcade & Gaming Center

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop Law Firm Auto Parts Store

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,275
Businesses Nearby
273k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 41% Groceries 27% Shops & Services 24% Apparel 5%
Kroger Groceries
31,272 visits/mo 0.4 miles
Schnucks Groceries
27,814 visits/mo 0.1 miles
Chili's Grill & Bar Dining
25,059 visits/mo 0.2 miles
Culver's Dining
24,558 visits/mo 0.2 miles
CEFCU Shops & Services
16,853 visits/mo 0.5 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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail spaces are available at Metro Centre, with options to combine contiguous units for larger footprints.
Where is this shopping center located?
The property is located at 4700 N University St Peoria, IL.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Metro Centre developed in 1971 as a Peoria destination for specialty retail; Reported traffic counts: 22,500 CPD on University and 15,900 CPD on Glen Ave; Retail spaces available from 1,500 SF to 5,200 SF
(309) 643-0717 Call to check price and availability
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