Drive-Through Coffee
For Sale
Contact for pricing
4820 N University Street, Peoria, IL 61614
Single-tenant net-leased coffee shop with established drive-through operations and C2 commercial zoning.
Property Size1,928 SF
Price / SF$1,164
Days on Market120
Property Features for 4820 N University Street
General Information
Standard status
Active
Size
1,928 SF
Class
A
Total Parking Spaces
21
Property subtype
Retail
Zoning
C2 - Large Scale Commerical District
Lease Type
NN
Investment Type
Net Lease
Net Operating Income
$134,712
Site & Location
Drive-Thru
Yes
Anchor Co-Tenants
Schnucks
Traffic Count
41,000 vehicles/day
Road Access
Yes
Building Details
Year Built
2005
Tenancy
Single
Listing Agency:
ParaSell Inc
(949) 942-6585
Listed By:
Scott Reid · License #GA - 77666
Source:
Crexi
Added: May 4
Changed: Aug 30
Last Checked: Aug 30 at 3:24PM
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 ParaSell Inc
Investment Insights
Based on property information with market context.
This 1,928-square-foot coffee shop was built in 2005 and is operated as a single-tenant drive-through facility under a corporate net lease with Starbucks Corporation. The tenant has occupied the site continuously since 2005 and recently extended the lease through 2031, with four additional 5-year renewal options. The property is zoned C2 - Large Scale Commerical District.
Positioned as an outparcel to a Schnucks-anchored retail center, the property sits at the signalized intersection of University Street and Glen Avenue in Peoria. The intersection carries approximately ±41,000 vehicles per day and provides direct ingress and egress. Nearby retail operators include Chili's, Qdoba, McAlister's Deli, Noodles & Company, T-Mobile, Culver's, and Wingstop. The adjacent Metro Centre regional shopping center contains 193,000 SF and adds further retail activity to the surrounding commercial node.
Positioned as an outparcel to a Schnucks-anchored retail center, the property sits at the signalized intersection of University Street and Glen Avenue in Peoria. The intersection carries approximately ±41,000 vehicles per day and provides direct ingress and egress. Nearby retail operators include Chili's, Qdoba, McAlister's Deli, Noodles & Company, T-Mobile, Culver's, and Wingstop. The adjacent Metro Centre regional shopping center contains 193,000 SF and adds further retail activity to the surrounding commercial node.
Key Highlights
- 1,928‑square‑foot coffee shop built in 2005
- Corporate Starbucks lease extended through 2031
- Four additional 5‑year renewal options
Property Analytics
Current Use
Lease Details
41,000 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,275
Businesses Nearby
273k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
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Similar Off Market Nearby
- Starbucks — 4125 N Sheridan Rd, Peoria, IL 61614
- Peoria Healthy Spot — 4700 N University St Suite 43, Peoria, IL 61614
- Starbucks — 4820 N University St, Peoria, IL 61614
- The Balanced Bee - Juice & Broth Restorative — 4700 N University St #61, Peoria, IL 61614
Frequently Asked Questions
What type of property is this?
Coffee shop - Single-tenant net-leased coffee shop with established drive-through operations and C2 commercial zoning.
Where is this coffee shop located?
The property is located at 4820 N University Street Peoria, IL.
What is the asking price?
The asking price for this property is $2,245,000.
What are key features of this property?
This property features: 1,928‑square‑foot coffee shop built in 2005; Corporate Starbucks lease extended through 2031; Four additional 5‑year renewal options
