Pioneer Square

For Lease

7501 N University, Peoria, IL 61614

You can currently find 21 retail space(s) available for lease at Pioneer Square. Designated use type for space listed here includes retail. Current retail listings at this property total 22,961 square feet. Lease type options include Modified Gross and Full Service. Expand the listing and property details below for additional information on leasing opportunities at Pioneer Square.

Space Available For Lease 21

Contacts

broker

Will Hayes

Joseph & Camper Commercial

(309) 691-5919

Property Details

  • Property Type Retail - Street Retail
  • Property Size 65,000 SF
  • Property Tenancy Multi-Tenant
  • Year Built 1976
  • Date Updated Apr 19, 2024
North on University Street in between Willow Knolls Rd and Pioneer Parkway. Traffic counts of 16,600 cars per day.65,000 sq ft income producing retail/office development for sale. Excellent tenant history with numerous tenants having a 15 year + history here. Current rent roll includes 33 tenants. Abundant parking with over 281 spaces on site. The property is set up with street level spaces and a garden level both being used for retail and office. High traffic location on University Street. Multiple spaces currently available for lease. Spaces range from 328 sf to 3,904 sf. Financial information available upon request to qualified buyers with signed NDA. 10.53% Cap Rate.Retail/Office building on North University with multiple spaces available for lease. The property is set up with street level spaces and a garden level both being used for retail and office. Abundant parking with over 172 spaces on site. Spaces currently range from 328 SF to 3,904 SF. High traffic location on University Street with 16,400 CPD Building is 65,000 SF with approximately 33 tenants currently. Excellent tenant history with numerous tenants having a 15 year + history here.

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Attachments

Getting around

  • 54/100

    Walk Score ®

  • 31/100

    Transit Score ®

  • 38/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Peoria, IL
  • Neighborhood North Peoria
  • Zip Code 61614

Points of Interest

  • Shell

    1.43 miles

  • Kroger

    1.58 miles

  • Casey's

    1.96 miles

  • Hucks

    2.42 miles

  • Hy-Vee Gas

    2.95 miles

  • Mobil

    3.35 miles

  • BP

    3.66 miles

  • Shell

    3.96 miles

  • Shell

    4.17 miles

  • Gas

    5.36 miles

  • Robinson Park North parking

    3.18 miles

  • Robinson Park South parking

    3.35 miles

  • OSF North Parking Deck

    5.47 miles

  • Parking for UnityPoint Methodist Hospital

    5.50 miles

  • Main Street Parking Deck

    5.53 miles

  • Faculty & Staff Parking

    5.55 miles

  • Faculty & Commuter Parking

    5.56 miles

  • Service parking for UnityPoint Methodist Hospital

    5.57 miles

  • Parking for employees of UnityPoint Methodist Hospital

    5.58 miles

  • Delivery Parking for UnityPoint Methodist Hospital

    5.58 miles

  • Chicago Grill

    0.95 miles

  • Bob Evans

    1.22 miles

  • KFC

    1.25 miles

  • Avanti's

    1.25 miles

  • Taco Bell

    1.30 miles

  • Hardee's

    1.34 miles

  • Arby's

    1.35 miles

  • Panera Bread

    1.43 miles

  • Burger King

    1.43 miles

  • Arby's

    1.73 miles

  • Swagat

    0.53 miles

  • Walmart Supercenter

    1.34 miles

  • Aldi

    1.48 miles

  • Kroger

    1.53 miles

  • Kohl's

    1.65 miles

  • Target

    2.26 miles

  • Shop 'n Save

    2.28 miles

  • Schnucks

    2.39 miles

  • Schnucks

    2.48 miles

  • Marshalls

    2.67 miles

7501 N University Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    7501 N University is located in North Peoria, which is home to a total of 36 listing(s). Retail space at Pioneer Square asks $1,503.84/SF/YR per square foot.

  • The property includes 22,961 square feet of retail space for lease. Of this total, 22,961 square feet are Retail.

    Lease agreement conditions for the availability at this property include Modified Gross, Full Service.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

    Knowing your ideal customer is essential. For your consideration, the average age of residents in North Peoria is 38. The average household income here is $70,768 per year.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Will Hayes

Joseph & Camper Commercial

(309) 691-5919

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