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Retail Space in University Square
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5001 N University St, Peoria, IL 61614

50,000 SF shopping center at a busy intersection.

Space Size9,200 SF
Property Size42,062 SF
Days on Market1095

Property Features for 5001 N University St

General Information

Standard status Active
Size 9,200 SF
Property subtype Retail

Building Details

Building Size 42,062 SF
Tenancy Single

Spaces For Lease

at 5001 N University St Contact us

Available Space

Size
9,200 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Joseph & Camper Commercial
Listed By: Steven Reeves · License #475.190510
Source: Crexi
Added: Aug 22, 2023 Changed: Aug 16 Last Checked: Aug 19 at 5:46PM

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

Investment Insights

Based on property information with market context.

University Square Shopping Center offers 50,000 square feet of retail space. The center is positioned at the corner of University Street and Glen Avenue, a high-traffic intersection in Peoria. Current tenants include Plato's Closet, Friar Tuck, and Familia Dental. The location is across the street from Schnuck's Supermarket, Bed Bath & Beyond, Chili's, and other national retailers.

Key Highlights

  • High‑traffic location at the corner of University & Glen, one of Peoria’s busiest intersections.
  • Anchored by established tenants including Plato's Closet, Friar Tuck, and Familia Dental.
  • Located across the street from Schnuck’s Supermarket, Bed Bath & Beyond, and Chili’s.

Property Analytics

Current Use

Joseph & Camper Commercial Real Estate Agency Heath W. Hishon, ... Alternative Medicine Practice Joseph Health Group Alternative Medicine Practice Peoria Chiropractor - Joseph ... Alternative Medicine Practice Amanda Gawelek Physician

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply HVAC Service Big Box & Wholesale Store Auto Parts Store

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

NNN (Triple Net)
Lease Type
$1.28 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,045
Businesses Nearby
199k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 54% Groceries 21% Shops & Services 15% Apparel 7%
Schnucks Groceries
27,814 visits/mo 0.2 miles
Chili's Grill & Bar Dining
25,059 visits/mo 0.1 miles
Culver's Dining
24,558 visits/mo 0.3 miles
Starbucks Dining
16,646 visits/mo 0.1 miles
Jo-Ann Fabric and Craft Shops & Services
14,997 visits/mo 0.4 miles

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

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - 50,000 SF shopping center at a busy intersection.
Where is this shopping center located?
The property is located at 5001 N University St Peoria, IL.
What is the lease rate?
The lease rate is $8.50 SF/Yr.
What are key features of this property?
This property features: High‑traffic location at the corner of University & Glen, one of Peoria’s busiest intersections.; Anchored by established tenants including Plato's Closet, Friar Tuck, and Familia Dental.; Located across the street from Schnuck’s Supermarket, Bed Bath & Beyond, and Chili’s.
(309) 643-0717 Call to check price and availability
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