Loft Style Space For
For Lease
Contact for pricing
428 SW Washington St, Peoria, IL 61602
Street-level loft space in warehouse district, suitable for office/fitness.
Space Size1,586 SF
Days on Market205
Property Features for 428 SW Washington St
General Information
Standard status
Active
Size
1,586 SF
Property subtype
RETAIL
Lease Type
NNN
Spaces For Lease
at 428 SW Washington St
428 SW Washington St
$14/SF/Yr
Floor
1
Size
1,586 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Street level loft style space for lease in the warehouse district.
- Currently set up as two units with one 1,586 SF space available for lease.
- Unit 1 is 4,775 SF and is currently occupied by a fitness user and set up with a mens and womens locker room/restrooms and mostly open space.
- Unit 2 is currently set up for office use with two private offices, mens and womens restrooms and the remainder open area.
- Additional space available for storage in the basement.
- Small parking lot up front with additional street parking and surface lots nearby.
Contact us
Listing Agency:
Joseph & Camper Commercial
(309) 691-5919
Listed By:
Will Hayes · License #475122056
(309) 643-0717
Source:
Moodyscre
Added: Mar 26
Changed: Oct 14
Last Checked: Oct 15 at 2:46AM
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.
Street-level loft-style space is available for lease in the warehouse district. The property is currently configured as two units. One unit, measuring 1,586 square feet, is available for lease. Unit 1 encompasses 4,775 square feet and is currently occupied by a fitness tenant. It includes men's and women's locker rooms and restrooms, with the majority of the space being open. Unit 2 is designed for office use, featuring two private offices, men's and women's restrooms, and an open area. Additional storage space is available in the basement. The property includes a small parking lot in front, with additional street parking and surface lots located nearby. The property is suitable for office and fitness use.
Key Highlights
- Loft‑style space in the warehouse district.
- 1,586 SF unit available for lease.
- Potential for various uses (fitness, office, etc.).
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,195
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 61602, IL
1,198
Population
813
Households
1.5
Avg Household Size
39
Median Age
37%
College-Educated
92%
High-School Grad
1.1 sq mi
ZIP Area
1,089
Density / Sq Mi
$17,273
Median Household Income
$34,082
Median Earnings
$912
Median Rent
$222,700
Median Home Value
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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
13,401 SF
Avg Space Size
This space is priced 4% above the average of $13.5 /SF/Yr.
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- Central Illinois Catering — 711 W McBean St, Peoria, IL 61605
- Canterbury Creations — 456 Fulton St, Peoria, IL 61602
Frequently Asked Questions
What type of property is this?
Flex space - Street-level loft space in warehouse district, suitable for office/fitness.
Where is this flex space located?
The property is located at 428 SW Washington St Peoria, IL.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Loft‑style space in the warehouse district.; 1,586 SF unit available for lease.; Potential for various uses (fitness, office, etc.).
