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Office Unit on Candletree Drive
For Lease
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1717 W Candletree Dr, Peoria, IL 61614

Office unit for lease in excellent condition, available immediately.

Space Size1,200 SF
Property Size6,000 SF
Days on Market2923

Property Features for 1717 W Candletree Dr

General Information

Standard status Active
Size 1,200 SF
Class B
Property subtype Office
Lease Type Modified Gross

Building Details

Building Size 6,000 SF
Year Built 1978
Tenancy Multiple

Spaces For Lease

at 1717 W Candletree Dr Contact us

Suite A

Size
1,200 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Joseph & Camper Commercial
Listed By: Will Hayes · License #475122056
Source: Crexi
Added: Aug 23, 2018 Changed: Aug 13 Last Checked: Aug 21 at 11:24PM

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 Joseph & Camper Commercial

Investment Insights

Based on property information with market context.

A 1,200-square-foot office unit is available for lease on Candletree Drive. Suite A features a large open area, two private offices, and a restroom. The property is located just south of Pioneer Parkway and one block east of University Street. The unit is in excellent condition and priced under market. Adjacent tenants include an accounting firm, an insurance/wealth management office, and an early childhood advocacy group. The unit is available immediately.

Key Highlights

  • Immediate availability for lease
  • Below market price
  • Excellent condition

Property Analytics

Current Use

Birth to Five Illinois: ... Charitable Organization 1717 W Candletree ... Accounting Firm Bonnie Lee Accounting ... Consultant Dr. Ryan Davis Dental Office Aspect Packaging Solutions Industrial Manufacturer

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
$1.50 /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

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

This space is priced 49% 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 - Office unit for lease in excellent condition, available immediately.
Where is this office units located?
The property is located at 1717 W Candletree Dr Peoria, IL.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: Immediate availability for lease; Below market price; Excellent condition
(309) 643-0717 Call to check price and availability
More about this property
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