4800 N University St

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4800 N University St

Peoria, IL 61614
Asking Price
$11.96M
Asset Type
Retail
Class
Class B

What's Special

4800 N University St is located in a prominent commercial corridor in Peoria, Illinois. Situated within the Metro Centre shopping district, the property sits at a high-visibility intersection with multiple access points. The surrounding neighborhood is a mix of established residential pockets and dense retail development. Nearby amenities include grocery stores, fitness centers, and local eateries, providing steady foot traffic to the immediate area. The location is well-served by public transit routes and offers convenient connectivity to Interstate 74, linking it to the broader Peoria metropolitan region. The property is suited for a variety of retail use cases, ranging from boutique small-shops to service-oriented storefronts. Typical tenants for this asset profile include national franchises, regional retailers, and professional service providers such as insurance agencies or salons. Given its location in a primary retail hub, the site is ideal for businesses that benefit from high vehicular visibility and proximity to established anchor tenants. The flexible layout supports operators seeking a central position within Peoria’s north-side commercial district.

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NOI
$80,000
Cap Rate
0.67%
DSCR
0.11
Underwater
Cash-on-Cash
-17.56%
Monthly Payment
$59,146.817
Annual Cash Flow
$-629,761.805

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