3125 University StPeoria, IL 61604

  • Commercial real estate
For Lease
$10/SF/YR View listing

Property Details for 3125 University St

Property type
Commercial real estate
APN
14-29-376-021
APU
1429376021

Description

This exceptional 3,900 square foot retail or medical office space is available for lease in a thriving multi-tenant retail center on University Street in Peoria County. The property is situated on a high-traffic retail corridor between Forest Hill and War Memorial Drive, offering excellent visibility and accessibility. The space is divisible down to 2,400 square feet, providing flexibility for various business needs. Currently, the space is a vacant shell, previously occupied by a full-service dental clinic, and retains existing plumbing infrastructure. This makes it ideally suited for another dental practice or medical office. The existing layout includes a reception area, waiting room, ten dental exam stations, two private offices, an x-ray room, a lounge/break room, and two ADA-accessible restrooms. The property is part of a larger retail center with strong co-tenancy, including Papa Murphy's Pizza, The Co-op Shop, Dotty's, Trinity Compassionate Care, Metro by T-Mobile, and Rumburgers. The building is a single-story, Class B structure with a total of 16,895 square feet. This is a single-tenant space within a larger building. The property is located in Peoria County. This prime location offers unparalleled opportunities for businesses seeking high visibility and convenient access to a dense customer base. The existing infrastructure and layout provide a significant advantage for medical or dental practices.

Location Insight

City
Peoria
County
Peoria
State
Illinois
Latitude
40.726
Longitude
-89.6134
CBSA code
37900
CBSA name
PEORIA, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$42,761
$214,020
$240,470
$454,490
-
$642,060
$721,410
$1,363,470

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