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Office Suite with Reception Area
For Lease
$1,900/Mo

1625 West Candletree Drive, Peoria, IL 61614

1,900 SF office suite includes lobby/reception, open workstations, and perimeter offices with direct parking-lot access.

Space Size1,900 SF
Days on Market186

Property Features for 1625 West Candletree Drive

General Information

Standard status Active
Size 1,900 SF
Property subtype Office
Lease Term Gross

Building Details

Building Size 1,900 SF

Spaces For Lease

at 1625 West Candletree Drive Contact us

1625 W. Candletree $1,900/Mo

Size
1,900 SF
Term
Negotiable
Contact us
Listing Agency: Maloof Commercial
Listed By: Madison Maloof · License #IL #475.180439
Source: Maloofcom
Added: Mar 3 Changed: Sep 4 Last Checked: Aug 8 at 3:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Maloof Commercial

Investment Insights

Based on property information with market context.

This 1,900 SF office suite features a lobby/reception area plus an open workstation layout with several perimeter offices. The space is set up for a typical office environment with multiple enclosed offices along the perimeter.

The office has direct access from the parking lot. Utilities and services include garbage, water, and snow removal in the rent, while the tenant is responsible for power, phone, and internet.

The configuration supports a front reception experience with additional private offices for staff or meetings, while maintaining a flexible central workstation area.

Key Highlights

  • 1,900 SF office suite with lobby/reception area
  • Open workstation area plus several perimeter offices
  • Direct access from the parking lot

Property Analytics

Current Use

Schmidt-Haller Burial and Cremation ... Social Service Agency THE KERN GROUP INC Security Service Global Graphics and Design ... Marketing & Advertising Comprehen Insurance Services Insurance Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Garden Center Parking Lot & Garage Grocery & Convenience Store Carpet & Flooring Store Wine and Liquor Store

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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,160
Businesses Nearby

Demographics for 61614, IL

27,119
Population
13,870
Households
2
Avg Household Size
41
Median Age
46%
College-Educated
97%
High-School Grad
12.0 sq mi
ZIP Area
2,260
Density / Sq Mi
$68,379
Median Household Income
$46,540
Median Earnings
$948
Median Rent
$169,700
Median Home Value

Market

Lease Benchmarks for Peoria, IL

$10.63 /SF/Yr
Avg Asking Price
$0.33–$18 /SF/Yr
Price Range
7,672 SF
Avg Space Size

This space is priced 13% above the average of $10.63 /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
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - 1,900 SF office suite includes lobby/reception, open workstations, and perimeter offices with direct parking-lot access.
Where is this office units located?
The property is located at 1625 West Candletree Drive Peoria, IL.
What is the lease rate?
The lease rate is $1,900/Mo.
What are key features of this property?
This property features: 1,900 SF office suite with lobby/reception area; Open workstation area plus several perimeter offices; Direct access from the parking lot
More about this property
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