2619 University St, Peoria, IL 61604
This single-story, 8,270 square foot retail strip center is located at 2619 & 2621 N. University Street in Peoria, Illinois, zip code 61604. The property consists of one building with multiple tenancies, offering a minimum divisible space of 870 square feet. Currently, 870 square feet is available for lease. This prime retail space enjoys a high-traffic location on a major Peoria thoroughfare, boasting excellent visibility and convenient access to interstate highways. The property benefits from its strategic position within a densely populated area featuring a mix of residential and retail establishments. Nearby businesses include well-established names such as Landmark Recreation Center, Hobby Lobby, Walmart, and Agatucci's Pizza, creating a strong commercial environment and attracting significant foot traffic. This presents a compelling opportunity for businesses seeking high visibility and convenient access to a diverse customer base. The property's location ensures strong potential for growth and profitability.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.