Downtown Office Space in Twin
For Lease
$332,500 SF/Yr
456 Fulton Street Unit #298, Peoria, IL 61602
Approximately 10,500 SF office suite in the Twin Towers with meeting rooms, private offices, cubicles, and included furniture.
Property Size10,500 SF
Days on Market21
Property Features for 456 Fulton Street Unit #298
General Information
Standard status
Active
Size
10,500 SF
Property subtype
Commercial
Additional Details
Furnished
Yes
Amenities
Executive Meeting Room
Junior Executive Meeting Room
co-working
reception
break room
storage
Building Details
Tenancy
Multi
Listing Agency:
eXp Realty
Listed By:
Raul Rodriguez ([email protected])
Source:
Curveyrealestate
Added: Jul 10
Changed: Jul 21
Last Checked: Jul 29 at 7:18AM
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 eXp Realty
Investment Insights
Based on property information with market context.
This downtown office space is located within the Twin Towers and is offered with an approximately 10,500 SF footprint (per seller). The layout includes executive and junior executive meeting rooms, 16–18 cubicles, 6–8 private offices, as well as co-working areas, reception, break room, and storage. Office furniture and cubicles (valued at approximately $60,000, per seller) are included in the offering.
The property is identified with four parcel IDs: 18-09-211-022, 18-09-211-009, 18-09-211-035, and 18-09-211-023. The seller notes it is across from City Hall and minutes from the courthouse, riverfront, restaurants, and cafes.
Current income is described as coming from two primary tenants plus “cloud tenants” via business address agreements. Tenant 1 is at $900/month plus utilities with approximately 1,000 SF remaining on the lease (3.5 years left). Tenant 2 is at $2,000/month plus utilities with approximately 2,500 SF remaining on the lease (4 years left). The seller also states automatic rent increases are in place, and owner-occupants may lease back up to approximately 6,500 SF or less. Access to tenant-occupied areas requires an accepted LOI.
The property is identified with four parcel IDs: 18-09-211-022, 18-09-211-009, 18-09-211-035, and 18-09-211-023. The seller notes it is across from City Hall and minutes from the courthouse, riverfront, restaurants, and cafes.
Current income is described as coming from two primary tenants plus “cloud tenants” via business address agreements. Tenant 1 is at $900/month plus utilities with approximately 1,000 SF remaining on the lease (3.5 years left). Tenant 2 is at $2,000/month plus utilities with approximately 2,500 SF remaining on the lease (4 years left). The seller also states automatic rent increases are in place, and owner-occupants may lease back up to approximately 6,500 SF or less. Access to tenant-occupied areas requires an accepted LOI.
Key Highlights
- ~10,500 SF downtown Peoria office space in the Twin Towers
- Four parcel IDs included: 18‑09‑211‑022, 18‑09‑211‑009, 18‑09‑211‑035, 18‑09‑211‑023
- Tenant 1: $900/mo + utilities, ~1,000 SF, 3.5 years left
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$49,875.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,038
Businesses Nearby
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
Market
Lease Benchmarks for Peoria, IL
$21.87 /SF/Yr
Avg Asking Price
$7–$107 /SF/Yr
Price Range
10,509 SF
Avg Space Size
This space is priced 1520170% above the average of $21.87 /SF/Yr.
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office units - Approximately 10,500 SF office suite in the Twin Towers with meeting rooms, private offices, cubicles, and included furniture.
Where is this office units located?
The property is located at 456 Fulton Street Unit #298 Peoria, IL.
What is the lease rate?
The lease rate is $332,500.
What are key features of this property?
This property features: ~10,500 SF downtown Peoria office space in the Twin Towers; Four parcel IDs included: 18‑09‑211‑022, 18‑09‑211‑009, 18‑09‑211‑035, 18‑09‑211‑023; Tenant 1: $900/mo + utilities, ~1,000 SF, 3.5 years left
