7044 University St Peoria, IL 61614
This exceptional 1,200 square foot storefront retail space is ideally located on University Street in Peoria County. The single-tenant property boasts a highly desirable open floor plan, perfect for a variety of retail uses. A key feature is the inclusion of a separate supply/washroom and a private restroom, enhancing both functionality and convenience. The space is move-in ready, featuring modern lighting, fresh paint, new trim, and updated flooring. Specifically designed for businesses such as salons, barbershops, or cosmetology practices, the property includes water, drain, and power hookups already in place. High visibility is guaranteed with ample parking and a location on University Street, experiencing a daily traffic count of 19,600 vehicles. This presents a fantastic opportunity for a business seeking a well-maintained, conveniently located, and highly visible storefront in a busy area. The property's modern amenities and strategic location combine to create an attractive proposition for any prospective tenant seeking a thriving retail environment. Don't miss this chance to establish your business in a prime Peoria County location.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.