Retail/Office Building with
For Lease
Contact for pricing
7501 N University St, Peoria, IL 61614
Street- and garden-level spaces are available for lease, supported by ample on-site parking and strong tenant retention.
Property Size1,950 SF
Days on Market498
Property Features for 7501 N University St
General Information
Standard status
Active
Size
1,950 SF
Property subtype
RETAIL
Lease Type
SF/mo
Listing Agency:
Maloof Commercial
(309) 693-3000
Listed By:
Jason Miller · License #475164113
Source:
Moodyscre
Added: Mar 20, 2025
Changed: Jul 27
Last Checked: Jul 30 at 2:44PM
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 Maloof Commercial
Investment Insights
Based on property information with market context.
This retail/office building offers multiple spaces for lease across both street level and garden level. Available suites range from 120 SF to 3,904 SF, supporting flexible options for retail and office users. The property totals approximately 65,000 SF and is currently home to about 33 tenants.
Located on North University Street with reported traffic of 16,400 CPD, the building also provides abundant parking with over 172 spaces on site, helping accommodate both employees and customers. Public remarks also cite strong tenant history, including numerous tenants with 15 years or more at the location.
With its mix of street-level and garden-level configurations, the building is designed to serve a range of leasing needs within a single, maintained multi-tenant property.
Located on North University Street with reported traffic of 16,400 CPD, the building also provides abundant parking with over 172 spaces on site, helping accommodate both employees and customers. Public remarks also cite strong tenant history, including numerous tenants with 15 years or more at the location.
With its mix of street-level and garden-level configurations, the building is designed to serve a range of leasing needs within a single, maintained multi-tenant property.
Key Highlights
- 65,000 SF retail/office building on North University with street‑level and garden‑level spaces used for retail and office.
- Abundant on‑site parking with 172+ spaces.
- Leasable space sizes range from 120 SF to 3,904 SF.
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
879
Businesses Nearby
Explore this area
Business Placement
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
Lease Benchmarks for Peoria, IL
$11 /SF/Yr
Avg Asking Price
$10–$14 /SF/Yr
Price Range
13,827 SF
Avg Space Size
This space is priced 9% above the average of $11 /SF/Yr.
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Street- and garden-level spaces are available for lease, supported by ample on-site parking and strong tenant retention.
Where is this retail space located?
The property is located at 7501 N University St Peoria, IL.
What is the lease rate?
The lease rate is $1,950 /Mo.
What are key features of this property?
This property features: 65,000 SF retail/office building on North University with street‑level and garden‑level spaces used for retail and office.; Abundant on‑site parking with 172+ spaces.; Leasable space sizes range from 120 SF to 3,904 SF.