7715 University StPeoria, IL 61614

For Lease
Call for price

Prime Peoria location, 3,300 sq ft, high traffic.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 3,300 square foot freestanding restaurant building, formerly a Steak 'n Shake, is available for sale or lease. Situated on a 1.03-acre lot at 7715 N University St in Peoria, Illinois (zip code 61614), this property enjoys a highly visible location just south of Pioneer Parkway in a thriving commercial corridor. The building benefits from a convenient single drive-thru lane, ample parking with 60 spaces, and a large pylon sign for excellent brand visibility. Daily traffic counts in this area reach 16,400 vehicles, ensuring significant exposure to potential customers. The C1 zoning allows for a variety of commercial uses. The property's strategic location places it near a cluster of established businesses, including McDonald's, Walgreens, and numerous car dealerships, along with other local and regional retail and office establishments. This presents a unique opportunity for a restaurant operator or investor seeking a well-positioned property in a high-traffic area of Peoria County. The property is ready for immediate occupancy or redevelopment, offering significant potential for growth and profitability.

Highlights

  • 3,300 SF freestanding restaurant building, formerly a Steak 'n Shake, available for sale or lease.
  • Located on a 1.03-acre lot at 7715 N University St, Peoria, IL 61614, in a high-traffic commercial corridor.
  • Features a drive-thru, 60 parking spaces, and a pylon sign.
  • High visibility with 16,400 daily vehicle counts.
  • C1 zoning allows for various commercial uses.
  • Located near McDonald's, Walgreens, and car dealerships.

Unit(s) available at that property

Space
Size
3,300 SF

Location Insight

City
Peoria
County
Peoria
State
Illinois
Latitude
40.781340291646
Longitude
-89.621598038362
7715 University St, Peoria, Illinois

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7715 University St
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