Retail/Office Building with Dual
For Lease
Contact for pricing
7501 N University St, Peoria, IL 61614
Street- and garden-level retail and office spaces with over 172 parking spaces on a 16,400 CPD University Street location.
Property Size120 SF - 3,904 SF
Days on Market498
Property Features for 7501 N University St
General Information
Standard status
Active
Size
120 SF - 3,904 SF
Net Rentable
120 SF
Total Parking Spaces
172
Property subtype
RETAIL
Lease Type
SF/mo
Space & Availability
Available Space
120-3,904 SF
Space Use
Office
Additional Details
Traffic Count
16,400 vehicles/day
Building Details
Building Size
65,000 SF
Tenancy
Multi
Listing Agency:
Maloof Commercial
(309) 693-3000
Listed By:
Jason Miller · License #475164113
Source:
Moodyscre
Added: Mar 20, 2025
Changed: Jul 30
Last Checked: Jul 30 at 9:31AM
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 street level and garden level space types currently used for both retail and office. Multiple spaces are available for lease, with unit sizes ranging from 120 SF to 3,904 SF, providing flexibility for a range of tenant needs.
Located at 7501 N University St in Peoria, IL, the property benefits from a high-traffic University Street setting with 16,400 CPD. The site includes abundant parking with over 172 spaces.
The building totals 65,000 SF and is currently home to approximately 33 tenants, supported by an established tenant mix with numerous tenants having a 15-year-plus history at the property.
Located at 7501 N University St in Peoria, IL, the property benefits from a high-traffic University Street setting with 16,400 CPD. The site includes abundant parking with over 172 spaces.
The building totals 65,000 SF and is currently home to approximately 33 tenants, supported by an established tenant mix with numerous tenants having a 15-year-plus history at the property.
Key Highlights
- 16,400 CPD on University Street
- Over 172 on‑site parking spaces
- 65,000 SF retail/office building
Property Analytics
Current Use
Lease Details
16,400 VPD
Traffic count
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.69 /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 2% 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 retail and office spaces with over 172 parking spaces on a 16,400 CPD University Street location.
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 $1,300 /Mo.
What are key features of this property?
This property features: 16,400 CPD on University Street; Over 172 on‑site parking spaces; 65,000 SF retail/office building