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Property Detail

North University Street
Seamlessly accessible freestanding 6,000-SF retail property with multiple entry points .
$1

Description

  • Seamlessly accessible freestanding 6,000-SF retail property with multiple entry points and an abundant parking lot in the Peoria, Illinois, MSA.
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  • Favorable owner/user or value-add investment opportunity within the progressing North Peoria Submarket, seeing lowering vacancies annually.
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  • Offered to the market via an absolute auction, the first bid will meet reserve.
  • Advantageously located within the Metro Centre shopping center by Joann Fabrics and Schnucks, which is outparceled by Wingstop and Starbucks.
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  • Beneficially positioned within a 3-mile radius of retailers Target, Walmart Supercenter, Aldi, Sam’s Club, Kroger, Dollar General, Best Buy, and more.

Executive Summary

Preferably positioned 6,000-square-foot freestanding retail building with an abundant on-site surface parking lot in Peoria, Illinois. 4700 N University Street Suite 80 boasts sought-after accessibility with entry points on all sides of the property within the Metro Centre shopping plaza just off a busy signalized intersection, seeing over 16,800 vehicles per day. The single-story dynamic property is beneficially situated adjacent to Joann Fabrics, PNC Bank, and is located right by Schnucks with an in-house CVS accompanied by its outparcels Starbucks, McAlister’s Deli, and Wingstop.

4700 N University Street Suite 80 is ideally located about 2 miles from the major Interstate 74 and US 150 highway interchange. This flexible retail building is surrounded by an abundance of conveniences as it is in one of Peoria’s bustling retail corridors. Within a brief 3-mile radius of the property are internationally and nationally reputable businesses that draw incredible demand to the area. Renowned retailers and fast-food chains in this immediate area include Walmart Supercenter, Target, Aldi, Best Buy, McDonald’s, Chick-fil-A, Kroger, Dollar General, Sam’s Club, Hy-Vee, Dunkin’, Taco Bell, and many more.

4700 N University Street Suite 80 presents an owner/user and value-add investment opportunity for a buyer seeking a dimensional acquisition with excellent visibility surrounded by a robust retail corridor.

Property tours are available by appointment only. Please contact the broker to schedule.

Flexible Acquisition

Listing ID : 00635

SKU: 635

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Price History

DateEventPrice
December 5 2024Listed$1.00