8001 N University St Peoria, IL 61615

Building Details

Year Built

1964

Listing Agency Joseph & Camper Commercial Show Phone

Listed by Will Hayes · License #475.122056

Source Crexi

Added: Apr 22, 2024 Checked: Jul 17 at 7:46 am

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Investment Insights

Based on property information with market context.

This 37,750 square foot mixed-use property is available for sale in North Peoria. The main level comprises 33,750 square feet and is currently divided into four units. Units 1A and 1B are temporarily occupied but can be made available to an owner/user with 180 days' notice to the tenant. These units primarily consist of office space with some warehouse area in the rear, including one 10 x 12 overhead door. Unit 1D is occupied by Batteries & Bulbs through September 30, 2030. The property includes 4,501 square feet of vacant space available for lease on the main level, along with an additional 4,207 square feet of vacant space on the elevator-served second level. The building features a sprinkler system. The property is situated on 4.49 acres and offers ample surface parking. The tall ceilings allow for potential conversion from office to warehouse space if desired. The tenant in Units 1A and 1B would consider remaining if a buyer prefers. Financial information is available upon request to qualified buyers with a signed NDA.

Key Highlights

• Large 37,750 sf office/retail/warehouse space in North Peoria.
• Significant owner/user opportunity with 33,750 sf on the main level, potentially available with 180 days' notice.
• Property sits on 4.49 acres with abundant surface parking.

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FAQs

What type of property is this?

Mixed-use property - 37,750 SF office/retail/warehouse space for sale in North Peoria.

Where is this mixed-use property located?

The property is located at 8001 N University St Peoria, IL.

What is the asking price?

The asking price for this property is $1,750,000.

What are key features of this property?

This property features: Large 37,750 sf office/retail/warehouse space in North Peoria.; Significant owner/user opportunity with **33,750 sf on the main level**, potentially available with 180 days' notice.; Property sits on 4.49 acres with abundant surface parking.