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Grocery Store with CVS Pharmacy
For Sale
Contact for pricing
Pending

4800 N University St, Peoria, IL 61614

Large grocery property with an on-site CVS Pharmacy, pylon signage, and access from a signalized intersection.

Property Size86,675 SF
Lot Size6.27 Acres
Days on Market140

Property Features for 4800 N University St

General Information

Standard status Pending
Size 86,675 SF
Lot size 6.27 Acres
Property subtype Retail

Site & Location

Pylon Signage Yes
Anchor Co-Tenants Schnucks, CVS Pharmacy
Road Access Yes
Listing Agency: Marcus & Millichap - Chicago Oak Brook
Listed By: Steven Weinstock · License #IL 471011175
Source: Crexi
Added: Apr 13 Changed: Aug 30 Last Checked: Aug 30 at 5:52AM

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 Marcus & Millichap - Chicago Oak Brook

Investment Insights

Based on property information with market context.

The property comprises an 86,675-square-foot Schnucks grocery store with a CVS Pharmacy on a 6.27-acre site. Improvements include pylon signage, on-site parking, and a recently resurfaced parking lot. The asset is offered under an absolute-net structure.

Located at 4800 N University St in Peoria, Illinois, the property occupies a signalized intersection with ingress and egress serving the site. Its combination of grocery and pharmacy uses creates a substantial retail footprint within the established commercial corridor.

Key Highlights

  • 86,675‑square‑foot Schnucks grocery store with CVS Pharmacy
  • 6.27‑acre site at 4800 N University St, Peoria, IL 61614
  • On‑site parking with recently resurfaced parking lot

Property Analytics

Current Use

CVS Pharmacy Pharmacy Schnucks Peoria Bakery Coinhub Bitcoin ATM ... Atm LibertyX Bitcoin ATM Atm MoneyGram Bank

Suggested Use

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,275
Businesses Nearby
273k
Monthly Visits Nearby
Under-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
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Similar Off Market Nearby

  • Hy-Vee Grocery Store 4125 N Sheridan Rd Ste 20, Peoria, IL 61614

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Large grocery property with an on-site CVS Pharmacy, pylon signage, and access from a signalized intersection.
Where is this grocery and convenience store located?
The property is located at 4800 N University St Peoria, IL.
What are key features of this property?
This property features: 86,675‑square‑foot Schnucks grocery store with CVS Pharmacy; 6.27‑acre site at 4800 N University St, Peoria, IL 61614; On‑site parking with recently resurfaced parking lot
(212) 430-5291 Call to check price and availability
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