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Retail-Office Building with Garden Level
For Lease
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7501 N University St, Peoria, IL 61614

Street-level and garden-level retail and office spaces near University Street with 16,400 CPD and over 172 parking spaces.

Space Size120 SF - 3,904 SF
Property Size65,000 SF
Days on Market827

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
Contiguous Space 3,904 SF

Additional Details

Traffic Count 16,400 vehicles/day

Building Details

Building Size 65,000 SF
Tenancy Multi

Spaces For Lease

at 7501 N University St Contact us

Pioneer Square $2,200/Mo

Contact us
Listing Agency: Maloof Commercial
Listed By: Jason Miller · License #475164113
Source: Moodyscre
Added: Apr 30, 2024 Changed: Jul 31 Last Checked: Aug 3 at 1:05PM

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.

Retail-office building with multiple spaces available for lease, set up with street level spaces and a garden level that are both used for retail and office. Suites currently range from 120 SF to 3,904 SF, supporting a variety of space needs.

The building is located on North University with high traffic on University Street measured at 16,400 CPD. The property includes abundant on-site parking with over 172 spaces.

The building totals 65,000 SF and is currently home to approximately 33 tenants, with an established tenant history that includes numerous tenants with 15 years or more at the location.

Key Highlights

  • 65,000 SF retail‑office building with street‑level and garden‑level space
  • Spaces available range from 120 SF to 3,904 SF
  • Over 172 on‑site parking spaces

Property Analytics

Current Use

Illinois Alcohol & Drug ... Medical Clinic Dukes Business Consulting Business Management Consultant Sylvan Learning of Peoria Tutoring Service Armstrong James L ... Dental Office Barkley Connie Dental Office

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Garden Center Carpet & Flooring Store Cafe & Coffee Shop

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

16,400 VPD
Traffic count
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

879
Businesses Nearby

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

$11.6 /SF/Yr
Avg Asking Price
$10–$14 /SF/Yr
Price Range
6,263 SF
Avg Space Size

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Street-level and garden-level retail and office spaces near University Street with 16,400 CPD and over 172 parking spaces.
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 $2,200 /Mo.
What are key features of this property?
This property features: 65,000 SF retail‑office building with street‑level and garden‑level space; Spaces available range from 120 SF to 3,904 SF; Over 172 on‑site parking spaces
(309) 693-3000 Call to check price and availability
More about this property
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