Office-Retail-Warehouse Flex
For Lease
Contact for pricing
8001 N University St, Peoria, IL 61615
Flex building with four main-level units, rear warehouse area, and elevator-served office on the second floor.
Space Size4,501 SF
Lot Size4.59 Acres
Days on Market2587
Property Features for 8001 N University St
General Information
Standard status
Active
Size
4,501 SF
Lot size
4.59 Acres
Property subtype
RETAIL
Lease Type
NNN
Additional Details
Sprinkler System
Yes
Building Details
Stories
2
Tenancy
Multi
Spaces For Lease
at 8001 N University St
8001 N University St
$9.50/SF/Yr
Floor
1
Size
4,501 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Income producing 37,750 sf office/retail/warehouse space for sale in North Peoria.
- 29,902 sf on the main level that is currently set up with four units.
- Unit 1A & a portion of Unit 1B is occupied by ARI thru November 30, 2024.
- Primarily office space with some warehouse in the rear with one 10 x 12 overhead door.
- Unit 1D is occupied by Batteries & Bulbs thru September 30, 2030.
- Property sits on 4.59 acres and offers abundant surface parking.
- Additional 4,207 SF of built out office space on 2nd level which is elevator served
- Sprinkler system
- Sale price: $1,800,000
Contact us
Listing Agency:
Joseph & Camper Commercial
(309) 691-5919
Listed By:
Will Hayes · License #475122056
(309) 643-0717
Source:
Moodyscre
Added: Sep 30, 2019
Changed: Oct 25
Last Checked: Oct 28 at 9:48AM
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 Joseph & Camper Commercial
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Investment Insights
Based on property information with market context.
This income-producing flex property combines primarily office space with warehouse space in the rear. The main level totals 29,902 square feet and is currently set up as four units, including ARI occupying Unit 1A and a portion of Unit 1B through November 30, 2024. Unit 1D is occupied by Batteries & Bulbs through September 30, 2030. Warehouse functionality includes one 10 x 12 overhead door.
An additional 4,207 square feet of built-out office space is located on the second level and is elevator served. The building includes a sprinkler system and sits on 4.59 acres, offering abundant surface parking for tenant and customer use.
Overall, the configuration supports mixed business needs across office and light warehouse operations, with established tenancy in multiple units.
An additional 4,207 square feet of built-out office space is located on the second level and is elevator served. The building includes a sprinkler system and sits on 4.59 acres, offering abundant surface parking for tenant and customer use.
Overall, the configuration supports mixed business needs across office and light warehouse operations, with established tenancy in multiple units.
Key Highlights
- Income‑producing 37,750 SF office/retail/warehouse building for sale in North Peoria
- 29,902 SF main level set up with four units; Unit 1A and part of Unit 1B occupied through Nov 30, 2024
- Unit 1D occupied by Batteries & Bulbs through Sep 30, 2030
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Sprinkler system
NNN (Triple Net)
Lease Type
$1.43 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,157
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 61615, IL
24,314
Population
11,334
Households
2.1
Avg Household Size
38
Median Age
53%
College-Educated
98%
High-School Grad
29.6 sq mi
ZIP Area
821
Density / Sq Mi
$82,157
Median Household Income
$50,165
Median Earnings
$1,079
Median Rent
$206,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Peoria, IL
$13.5 /SF/Yr
Avg Asking Price
$6–$22 /SF/Yr
Price Range
12,150 SF
Avg Space Size
This space is priced 30% below the average of $13.5 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Flex building with four main-level units, rear warehouse area, and elevator-served office on the second floor.
Where is this flex space located?
The property is located at 8001 N University St Peoria, IL.
What is the lease rate?
The lease rate is $9.50 SF/Yr.
What are key features of this property?
This property features: Income‑producing 37,750 SF office/retail/warehouse building for sale in North Peoria; 29,902 SF main level set up with four units; Unit 1A and part of Unit 1B occupied through Nov 30, 2024; Unit 1D occupied by Batteries & Bulbs through Sep 30, 2030
