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7501 N University St 576 - 11,737 SF of Space Available in Peoria, IL 61614



Highlights
- Convenient access to major roads and Interstate 74
- Prime location in North Peoria’s growing business district
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 101 | 1,500 SF | 2-5 Years | Upon Request Upon Request Upon Request Upon Request | Plus All Utilities | ||
| 1st Floor, Ste 103-107 | 2,457 SF | 2-5 Years | Upon Request Upon Request Upon Request Upon Request | Plus All Utilities | ||
| 1st Floor, Ste 217-B | 576 SF | 2-5 Years | Upon Request Upon Request Upon Request Upon Request | Plus All Utilities | ||
| 1st Floor, Ste 227 | 1,000 SF | 2-5 Years | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 230 | 1,300 SF | 2-5 Years | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 2nd Floor, Ste 100 | 1,000 SF | 2-5 Years | Upon Request Upon Request Upon Request Upon Request | Plus All Utilities |
1st Floor, Ste 101
Suite 101 is 1,500 SF and is on the Garden Level end cap. It is being offered for lease at $1,125/mo plus utilities (Ameren,water and sewer). This unit features a large open main room with additional second large room, storage closet, and private restroom. It shares a common airlock entry with unit 103-107 and gets lots of natural light from the large front windows. The unit has been recently updated and is ready for immediate occupancy.
- Listed lease rate plus proportional share of utilities
- Large Open Main Room
- Additional Large Room, Storage Closet
- Lots of Natural Light
1st Floor, Ste 103-107
Suite 103-107 is 2,547 SF and is on the Garden Level. It is being offered for lease at $1,638/mo plus utilities (Ameren, water and sewer). This unit needs to be finished out to meet new tenants needs and currently has walls in place for several offices and private restrooms. Tenant Improvements negotiable. It shares a common airlock entry with unit 101.
- Listed lease rate plus proportional share of utilities
1st Floor, Ste 217-B
The center features a variety of suites designed to accommodate diverse tenant needs, from boutique offices to larger retail footprints. Tenants benefit from convenient parking, flexible layouts, and proximity to major employers and residential communities. With lease rates ranging from $8 to $12 per square foot on a Gross + Utilities basis, Pioneer Square provides an affordable entry point into one of Peoria’s most active commercial corridors. This property is ideal for businesses seeking a high-traffic location with strong co-tenancy and easy access to Interstate 74 and Knoxville Avenue. Whether you’re launching a new concept or expanding an established brand, Pioneer Square offers the visibility, convenience, and community synergy to help your business thrive.
- Listed lease rate plus proportional share of utilities
- Located in-line with other retail
- Flexible suite options
- Competitive lease rates
1st Floor, Ste 227
Suite 227 is 1,000 SF and is on the Garden Level. It is being offered for lease at $750/mo plus utilities (Ameren, water and sewer). This unit features a large open main room with one office, storage room, and private restroom. It shares a common airlock entry with unit 225 and gets lots of natural light from the large front windows. The unit has been recently demoed and is ready to be finished out to meet the needs of the next tenants. Tenant Improvements negotiable.
- Fits 3 - 8 People
- High Visibility
- Lots of Natural Light
1st Floor, Ste 230
Suite 230 is 1,300 SF and is on the Upper Level with direct access from the parking spaces on the north entry. It is for lease at$975/mo plus utilities. This high visibility unit features a reception area, 3 offices, and a private restroom. It shares a common airlock entry with unit 228 and gets lots of natural light from the large front windows. The unit is in the process of being updated and can be built out for the next tenants needs in negotiations for tenant improvements.
- Fits 4 - 11 People
- High Visibility
- Lots of Natural Light
2nd Floor, Ste 100
Suite 100 is 1,000 SF and is on the Upper Level with direct access from the front parking and frontage on N. University Street.This high visibility unit features a large open main room with additional private office space, storage room, and private restroom. It shares a common airlock entry with unit 101 and gets lots of natural light from the large front windows. The unit has been recently updated and is ready for immediate occupancy.
- Listed lease rate plus proportional share of utilities
- Large Open Main Room
- Additional Private Office Space
- Recently Updated
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 101 | 1,500 SF | 2-5 Years | Upon Request Upon Request Upon Request Upon Request | Plus All Utilities | ||
| 1st Floor, Ste 103-107 | 2,457 SF | 2-5 Years | Upon Request Upon Request Upon Request Upon Request | Plus All Utilities | ||
| 1st Floor, Ste 109-112 | 3,904 SF | 2-5 Years | Upon Request Upon Request Upon Request Upon Request | Plus All Utilities | ||
| 1st Floor, Ste 217-B | 576 SF | 2-5 Years | Upon Request Upon Request Upon Request Upon Request | Plus All Utilities | ||
| 1st Floor, Ste 227 | 1,000 SF | 2-5 Years | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 230 | 1,300 SF | 2-5 Years | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 2nd Floor, Ste 100 | 1,000 SF | 2-5 Years | Upon Request Upon Request Upon Request Upon Request | Plus All Utilities |
1st Floor, Ste 101
Suite 101 is 1,500 SF and is on the Garden Level end cap. It is being offered for lease at $1,125/mo plus utilities (Ameren,water and sewer). This unit features a large open main room with additional second large room, storage closet, and private restroom. It shares a common airlock entry with unit 103-107 and gets lots of natural light from the large front windows. The unit has been recently updated and is ready for immediate occupancy.
- Listed lease rate plus proportional share of utilities
- Large Open Main Room
- Additional Large Room, Storage Closet
- Lots of Natural Light
1st Floor, Ste 103-107
Suite 103-107 is 2,547 SF and is on the Garden Level. It is being offered for lease at $1,638/mo plus utilities (Ameren, water and sewer). This unit needs to be finished out to meet new tenants needs and currently has walls in place for several offices and private restrooms. Tenant Improvements negotiable. It shares a common airlock entry with unit 101.
- Listed lease rate plus proportional share of utilities
1st Floor, Ste 109-112
Suite 109-112 is 3,904 F and is on the Garden Level. This suite was formerly medical office space that has been demoed to a large vacant room with restrooms and is ready to be built back out to meet the next tenants needs. Tenant Improvements negotiable. It is being offered for lease at $2,603/mo plus utilities(Ameren, water and sewer).
- Listed lease rate plus proportional share of utilities
- Fits 10 - 32 People
1st Floor, Ste 217-B
The center features a variety of suites designed to accommodate diverse tenant needs, from boutique offices to larger retail footprints. Tenants benefit from convenient parking, flexible layouts, and proximity to major employers and residential communities. With lease rates ranging from $8 to $12 per square foot on a Gross + Utilities basis, Pioneer Square provides an affordable entry point into one of Peoria’s most active commercial corridors. This property is ideal for businesses seeking a high-traffic location with strong co-tenancy and easy access to Interstate 74 and Knoxville Avenue. Whether you’re launching a new concept or expanding an established brand, Pioneer Square offers the visibility, convenience, and community synergy to help your business thrive.
- Listed lease rate plus proportional share of utilities
- Located in-line with other retail
- Flexible suite options
- Competitive lease rates
1st Floor, Ste 227
Suite 227 is 1,000 SF and is on the Garden Level. It is being offered for lease at $750/mo plus utilities (Ameren, water and sewer). This unit features a large open main room with one office, storage room, and private restroom. It shares a common airlock entry with unit 225 and gets lots of natural light from the large front windows. The unit has been recently demoed and is ready to be finished out to meet the needs of the next tenants. Tenant Improvements negotiable.
- Fits 3 - 8 People
- High Visibility
- Lots of Natural Light
1st Floor, Ste 230
Suite 230 is 1,300 SF and is on the Upper Level with direct access from the parking spaces on the north entry. It is for lease at$975/mo plus utilities. This high visibility unit features a reception area, 3 offices, and a private restroom. It shares a common airlock entry with unit 228 and gets lots of natural light from the large front windows. The unit is in the process of being updated and can be built out for the next tenants needs in negotiations for tenant improvements.
- Fits 4 - 11 People
- High Visibility
- Lots of Natural Light
2nd Floor, Ste 100
Suite 100 is 1,000 SF and is on the Upper Level with direct access from the front parking and frontage on N. University Street.This high visibility unit features a large open main room with additional private office space, storage room, and private restroom. It shares a common airlock entry with unit 101 and gets lots of natural light from the large front windows. The unit has been recently updated and is ready for immediate occupancy.
- Listed lease rate plus proportional share of utilities
- Large Open Main Room
- Additional Private Office Space
- Recently Updated
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 11,737 SF | Gross Leasable Area | 65,000 SF |
| Property Type | Retail | Year Built | 1976 |
| Total Space Available | 11,737 SF |
| Property Type | Retail |
| Gross Leasable Area | 65,000 SF |
| Year Built | 1976 |
About the Property
Pioneer Square Shopping Center offers an exceptional leasing opportunity in North Peoria’s thriving business district. Positioned along a key corridor connecting central and north Peoria, this property delivers unmatched visibility and accessibility for office, retail, and restaurant concepts. Its strategic location near the Industrial Park and surrounded by a robust mix of shopping, dining, and professional services creates a dynamic environment for business growth.
- Pylon Sign
Nearby Major Retailers
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7501 N University St
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