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Office Suite Near Interstate Access
For Lease
$8 SF/Yr

8212 N University Street, Peoria, IL 61615

Compact workspace in an industrial park with parking and convenient access to University.

Space Size800 SF
Property Size36,640 SF
Days on Market1186

Property Features for 8212 N University Street

General Information

Standard status Active
Size 800 SF
Net Rentable 800 SF
Zoning I-1
Lease Type Net

Space & Availability

Available Space 800 SF
Contiguous Space 800 SF
Space Use Office

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $25,589

Amenities

professional property management

Building Details

Building Size 36,640 SF
Listing Agency: RE/MAX Traders Unlimited
Listed By: Jessica Ball · License #475175281
Source: Craggsrealtors
Added: May 25, 2023 Changed: Aug 20 Last Checked: Aug 22 at 12:40PM

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 RE/MAX Traders Unlimited

Investment Insights

Based on property information with market context.

This 800-square-foot office suite is located within Pioneer Industrial Park and is suited to a small business seeking a dedicated commercial workspace. The property carries I-1 zoning and includes access to ample parking and professional property management.

The suite is positioned off University Street, with access to Interstate 74 and the nearby Enterprise Zone. Its visible position within the business park provides a straightforward setting for office operations and convenient regional connectivity.

Key Highlights

  • 800 sq. ft. office suite in Pioneer Industrial Park
  • I‑1 zoning
  • Access off University Street

Property Analytics

Current Use

Slate Hair Salon Analytical Design Group Marketing & Advertising

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Garden Center Florist Grocery & Convenience Store Carpet & Flooring Store Locksmith

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$1.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,135
Businesses Nearby

Demographics for 61615, IL

24,314
Population
11,334
Households
2.1
Avg Household Size
38
Median Age
53%
College-Educated
98%
High-School Grad
29.6 sq mi
ZIP Area
821
Density / Sq Mi
$82,157
Median Household Income
$50,165
Median Earnings
$1,079
Median Rent
$206,800
Median Home Value

Market

Lease Benchmarks for Peoria, IL

$19.53 /SF/Yr
Avg Asking Price
$7–$107 /SF/Yr
Price Range
6,251 SF
Avg Space Size

This space is priced 59% below the average of $19.53 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Compact workspace in an industrial park with parking and convenient access to University.
Where is this office units located?
The property is located at 8212 N University Street Peoria, IL.
What is the lease rate?
The lease rate is $8 SF/Yr.
What are key features of this property?
This property features: 800 sq. ft. office suite in Pioneer Industrial Park; I‑1 zoning; Access off University Street
More about this property
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