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4800 N University St
Peoria, IL 61614
Schnucks Fresh Foods · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Robust Traffic Counts on University Street (24k VPD) and Glen Avenue (19k VPD), and Just Over One Mile off of I-74 (40k VPD) (Source: CoStar, 2025)
- Thriving Community with an Average Household Income of Over $68K within Five Miles of the Subject Asset, as of 2024
- Subject is 4 Miles from Downtown Peoria with a Population of 110,460
- Well Established Retail Area | Nearby National Retailers Include: HyVee, Walmart, Target, Lowe’s, Tractor Supply, Advance Auto, Culver’s, and Others
- Parks and Outdoor Recreational Facilities Nearby Include: Donovan Park, Prospect Park, Glen Oak Park, Grand View Park, WeaverRidge, and More
EXECUTIVE SUMMARY
Subject is a 86,675 Square-Foot Schnucks Grocery with CVS Pharmacy on a 6.27-Acre Lot with Ample Parking, Pylon Signage, Easy Ingress/Egress, and Strategically Located on a Busy Signalized Intersection | Recent Capex includes Parking Lot Resurfacing.Schnucks has Seen Rising Sales at the Location and been Recognized by The Wall Street Journal and Deloitte Private as a U.S. Best Managed Company for Four Years in a Row including 2025.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Supermarket
Building Size
88,023 SF
Building Class
B
Year Built
1966
Price
$17,572,780 CAD
Price Per SF
$199.64 CAD
Cap Rate
6.75%
NOI
$1,186,139 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.32
Lot Size
6.27 AC
Zoning
C - General Commercial
Parking
411 Spaces (4.67 Spaces per 1,000 SF Leased)
AMENITIES
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 14/20/401/038 | Improvements Assessment | $1,699,281 CAD |
| Land Assessment | $811,180 CAD | Total Assessment | $2,510,461 CAD |
PROPERTY TAXES
Parcel Number
14/20/401/038
Land Assessment
$811,180 CAD
Improvements Assessment
$1,699,281 CAD
Total Assessment
$2,510,461 CAD
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