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3624 N University St 3624 North University Street, Peoria, IL 61604
Vacant Land - Commercial
Vacant Land - Retail
Property Description
Secure your position at Peoria’s busiest intersection with this premier development opportunity at the high-visibility corner of War Memorial Drive and University Street. Anchored by the proven draw of soon to be built Dutch Bros Coffee, this site captures an unmatched 45,000+ vehicles daily and offers national food franchises (QSR) and developers maximum flexibility through Build-to-Suit, ground lease, or purchase options. The project is shovel-ready with completed access roads, utilities stubbed to the boundary, and the added benefit of an active TIF District to support site improvements. This listing is for the footprint immediately next door to Dutch Bros that is 0.59-acres. Buyers needing more land also have the two contiguous larger parcels immediately to the east and southeast available for sale totaling 2.443 additional acres. This is a rare chance to join a high-visibility retail corner development alongside McDonalds, Dutch Bros Coffee, and many more successful businesses! Site plan, ALTA, Phase I/II, earthwork, and more available upon request. Disclaimer: This listing is subject to the successful closing of the current buyer’s contract.
Highlights
High Visibility - 45,000+ Vehicles Daily
Shovel-Ready with Completed Access Roads and Utilities Stubbed to the Boundary
Contiguous, Larger Parcels to the East and Southeast
TIF District
Full Address: 3624 North University Street, Peoria, IL 61604
Listing Type: FOR SALE
Status: Active
Zoning: C-2
Region: M-EN
County: Peoria County
Property ID: 4109784
Has Sewer: Yes
Has Water: Yes
Has Electric: Yes
Has Gas: Yes
Traffic Count: 45,000 VPD
Parcel Num: 14-29-401-034
High Visibility - 45,000+ Vehicles Daily Shovel-Ready with Completed Access Roads and Utilities Stubbed to the Boundary Contiguous, Larger Parcels to the East and Southeast TIF District