3523 University St, Peoria, IL 61604-1324
University Plaza, located at 3523 N University St, Peoria, IL 61604, offers a prime retail opportunity. This single-story, 124,188 square foot building, constructed in 1982, features a 6,000 square foot vacant space currently available for lease. The space boasts 10-foot ceilings, two bathrooms, a small office area, and two rear loading doors, measuring 60ft x 100ft. The minimum leasable space is 3,000 square feet, with a maximum contiguous space of 6,000 square feet. The property is zoned CN and has a total of one suite. The building is situated in a high-traffic area, conveniently located near the intersection of University Street and War Memorial Drive (US 150). This vibrant retail center is anchored by established businesses such as Hobby Lobby, US Cellular, Kelly Beauty Supply, and Midwest Uniform Supply, and is surrounded by other successful retailers including Walmart, McDonald's, Dunkin' Donuts, Hardee's, and Aldi. This location provides excellent visibility and accessibility for businesses seeking a thriving retail environment in Peoria, Illinois. The property is part of a larger commercial center with multiple tenants. There are no elevators in the building.
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Nail & Spa Nail Salon
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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