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    4325 N Sheridan Rd Peoria, IL 61614

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    For Lease
    $13 SF/Yr ($920 /Mo)

    Retail spaces for lease with incentives in central Peoria.

    Property size:
    850 SF
    Lot size:
    0.98 Acres

    Property Features for 4325 N Sheridan Rd

    General Information

    Size
    850 SF
    Lot size
    0.98 Acres

    Source: Maloof Commercial Agent Madison Maloof

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Spaces in Sheridan Plaza

    Four retail spaces are available for lease within the Sheridan Plaza retail center. The location features surface parking. All spaces have separate utilities. Lease incentives include four months of free base rent based on a five-year lease term and subject to lessor approval. Tenant improvement allowance is negotiable. The property benefits from a strong tenant mix and a central Peoria location.
    Insight Report Location Intelligence

    Current Use by Public Records

    Little Caesars Pizza Pizza Restaurant Ferlmann Thomas DDS Dentist Sheridan Plaza Styling ... Barber Shop El Taco Loco Mexican Restaurant Trujoy Beauty Supply Beauty Supply Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.6034834
    Latitude
    40.7407412

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    FAQs

    What type of property is this?
    Retail space - Retail spaces for lease with incentives in central Peoria.
    Where is this retail space located?
    The property is located at 4325 N Sheridan Rd Peoria, IL.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: - Lease Incentives: **4 Months of free base rent** (5-year Lease, subject to approval).; - Negotiable T.I. (Tenant Improvement) Allowance.; - Great central Peoria location.
    (309) 693-3000
    Request Owner's contact information
    4325 N Sheridan Rd Peoria, IL 61614
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    Peoria, IL 61614
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4325 N Sheridan Rd Peoria, IL 61614
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