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Office Unit on Candletree Drive

1717 W Candletree, Peoria, IL 61615

For Lease
$1,000/Mo

Office unit for lease in excellent condition, available immediately.

Space Size1,200 SF
Property Size6,000 SF
Days on Market229

Property Features for 1717 W Candletree

General Information

Standard status Active
Size 1,200 SF
Class B
Property subtype Office - Shared Space

Building Details

Building Size 6,000 SF
Year Built 1978
Units 5

Spaces For Lease

at 1717 W Candletree
Suite C Immediate
Size 1,200 SF
Type Office
Lease Type Full Service
Sublease No
Renewal Option Yes
Contact us
Listing Agency: Joseph & Camper Commercial
Listed By: Will Hayes · License IL #475122056
Source: Commercialcafe
Added: Mar 26 Changed: Nov 1 Last Checked: Nov 8 at 2:49AM

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

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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

Who owns this building? See the owner, sales and loan history
Open 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 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
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,160
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Peoria, IL

$10.4 /SF/Yr
Avg Asking Price
$0.33–$16 /SF/Yr
Price Range
7,246 SF
Avg Space Size

This space is priced 4% below the average of $10.4 /SF/Yr.

Properties on Market for Office Units in Peoria

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - Office unit for lease in excellent condition, available immediately.
Where is this office unit located?
The property is located at 1717 W Candletree Peoria, IL.
What is the lease rate?
The lease rate is $1,000/Mo.
What are key features of this property?
This property features: Immediate availability for lease; Below market price; Excellent condition
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