1902 N Sheridan Rd, Peoria, IL 61604
Purpose-built facility with lease term through December 2027 and three additional five-year renewal options.
Property Features for 1902 N Sheridan Rd
General Information
Site & Location
Building Details
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Investment Insights
Based on property information with market context.
The property occupies a signalized intersection at Sheridan Road and Nebraska Avenue, where the combined traffic count is 12,900 vehicles per day. Interstate 74 is immediately nearby and records 47,300 vehicles per day. Two hospitals—OSF St. Francis Medical Center and Carle Health Methodist Hospital—are within one mile northwest, with 649 and 272 beds, respectively. Bradley University and Peoria High School are also nearby, serving 5,400 and 1,500 students.
Key Highlights
- 12,163‑square‑foot single‑tenant plasma collection facility completed in 2016
- NNN lease extends through December 2027 with 2.5% annual rental escalations
- Three 5‑year renewal options included in the lease
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 61604, IL
Market
Vacancy Rate% for Office in Midwest region