Heated Flex Warehouse
For Lease
$6 SF/Yr
1601 W Luthy Drive, Peoria, IL 61615
Flex space in Building A includes a heated warehouse with floor drains, one overhead door, and 14-foot ceilings.
Space Size3,500 SF
Property Size24,264 SF
Days on Market73
Property Features for 1601 W Luthy Drive
General Information
Standard status
Active
Size
3,500 SF
Property subtype
Industrial
Lease Term
NNN
Warehouse & Industrial
Clear Height
14 ft
Drive-In Doors
1
Heavy Power
Yes
Building Details
Building Size
24,264 SF
Spaces For Lease
at 1601 W Luthy Drive Contact us- Size
- 3,500 SF
- Type
- Flex Space
- Term
- Negotiable
1601 Luthy $6/SF/Yr
Listing Agency:
Maloof Commercial
Listed By:
Madison Maloof · License #IL #475.180439
(415) 942-4234
Source:
Maloofcom
Added: Jun 25
Changed: Sep 4
Last Checked: Sep 4 at 5:11AM
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.
1601 W. Luthy Drive offers a 3,500-square-foot flex space in Building A designed for industrial and commercial users. The space features a heated warehouse with floor drains, one overhead door, and a 14-foot ceiling height. Electrical service includes 200 amp and 3-phase power.
The property is situated in Peoria, Illinois, within an area supported by convenient transportation connections. The surrounding market includes retail at Shoppes at Grand Prairie and nearby dining, along with accessible cultural and educational venues such as Bradley University and the Peoria Riverfront Museum.
This suite provides a practical warehouse-focused layout for operations needing heated space, floor drains, and overhead door access, supported by 3-phase electrical service.
The property is situated in Peoria, Illinois, within an area supported by convenient transportation connections. The surrounding market includes retail at Shoppes at Grand Prairie and nearby dining, along with accessible cultural and educational venues such as Bradley University and the Peoria Riverfront Museum.
This suite provides a practical warehouse-focused layout for operations needing heated space, floor drains, and overhead door access, supported by 3-phase electrical service.
Key Highlights
- 3,500 SF flex space in Building A at 1601 W. Luthy Drive, Peoria, IL 61615
- Heated warehouse with floor drains
- One overhead door for warehouse access
Property Analytics
Property Profile
Current Use
Lease Details
14 ft
Clear height
1
Drive-in doors
Yes
Heavy power
NNN (Triple Net)
Lease Type
$0.90 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,168
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
$14.5 /SF/Yr
Avg Asking Price
$6–$22 /SF/Yr
Price Range
12,025 SF
Avg Space Size
This space is priced 59% below the average of $14.5 /SF/Yr.
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Flex space in Building A includes a heated warehouse with floor drains, one overhead door, and 14-foot ceilings.
Where is this flex space located?
The property is located at 1601 W Luthy Drive Peoria, IL.
What is the lease rate?
The lease rate is $6 SF/Yr.
What are key features of this property?
This property features: 3,500 SF flex space in Building A at 1601 W. Luthy Drive, Peoria, IL 61615; Heated warehouse with floor drains; One overhead door for warehouse access
