Listing Agency: Maloof Commercial j***@maloofcom.com Show Phone

Listed By: Jason Miller · License #475164113

Source: Moodyscre

Added: Apr 16, 2025 Changed: Jul 6 Last Checked: Jul 21 at 4:18AM

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Investment Insights

Based on property information with market context.

This 5,400 square foot office suite features 12 private offices and 5 cubicles. The layout includes 3 ADA restrooms, maintenance and storage rooms, a kitchenette, and an IT room. The property offers direct access from the parking lot.

Key Highlights

• Executive office suite featuring 12 private offices.
• Enjoy direct access from the parking lot for added convenience.
• Includes 3 ADA restrooms.

Property Analytics

Property Profile

Current Use

Chapin Davis Investments Financial Advisor

Suggested Use

Top Pick Locksmith Garden Center (Bike/Boat/Book/etc) Store Barber Shop Carpet & Flooring Store Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$2.10 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

2,980

Businesses Nearby

Explore this area Business Placement

Market

Lease Benchmarks for Peoria, IL

$21.87 /SF/Yr

Avg Asking Price

$7–$107 /SF/Yr

Price Range

10,509 SF

Avg Space Size

This space is priced 36% below the average of $21.87 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Office units - Executive office suite featuring 12 private offices and 5 cubicles.

Where is this office units located?

The property is located at 8512 N Knoxville Ave Peoria, IL.

What is the lease rate?

The lease rate is $14 SF/Yr.

What are key features of this property?

This property features: Executive office suite featuring **12 private offices**.; Enjoy **direct access from the parking lot** for added convenience.; Includes 3 ADA restrooms.