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Flex Space with Showroom
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1703 Candletree Dr, Peoria, IL 61614

Combined warehouse, showroom, and office space with C-2 Large Scale Commercial zoning and a flexible layout.

Space SizeContact for details
Days on Market63

Property Features for 1703 Candletree Dr

General Information

Standard status Active
Listing Agency: RE/MAX Traders Unlimited
Listed By: Jessica Ball · License #475175281
Source: Schaublerealty
Added: Aug 4 Changed: Sep 21 Last Checked: Oct 4 at 12:06PM

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 flex space combines 1,955 SF of warehouse area with 2,000 SF configured for retail, showroom, and office use. The warehouse includes a 10' x 8' overhead garage door, warehouse heater, and storage racks that may be included in the lease. The showroom and office portion offers heat and AC, a large finished open area, an ADA restroom, and a utility room.

The property is located at 1703 Candletree Dr in Peoria, near Pioneer Parkway and University. C-2 Large Scale Commercial zoning supports the property's combination of warehouse, showroom, office, and retail-oriented space. Ample parking is available at the building, and the layout can accommodate a range of business operations.

Key Highlights

  • 3,955 SF flex space with 1,955 SF warehouse and 2,000 SF showroom/office area
  • 10' x 8' overhead garage door and warehouse heater
  • Showroom side includes heat, AC, finished open area, ADA restroom, and utility room

Property Analytics

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Current Use

State Beauty Supply (Bike/Boat/Book/etc) Store Esthetics with Alicia Alternative Medicine Practice

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

1,160
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Peoria, IL

$13.5 /SF/Yr
Avg Asking Price
$6–$22 /SF/Yr
Price Range
14,934 SF
Avg Space Size

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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Frequently Asked Questions

What type of property is this?
Flex space - Combined warehouse, showroom, and office space with C-2 Large Scale Commercial zoning and a flexible layout.
Where is this flex space located?
The property is located at 1703 Candletree Dr Peoria, IL.
What are key features of this property?
This property features: 3,955 SF flex space with 1,955 SF warehouse and 2,000 SF showroom/office area; 10' x 8' overhead garage door and warehouse heater; Showroom side includes heat, AC, finished open area, ADA restroom, and utility room
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