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401 NE Jefferson Ave, Peoria, IL 61603

3,400 square feet office space available for rent.

Space Size3,400 SF
Days on Market754

Property Features for 401 NE Jefferson Ave

General Information

Standard status Active
Size 3,400 SF
Property subtype Office
Lease Type NNN

Building Details

Tenancy Single

Spaces For Lease

at 401 NE Jefferson Ave Contact us

Available Space

Size
3,400 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Huber commercial Inc.
Listed By: Erikka Claerhout · License #IL
Source: Crexi
Added: Jul 29, 2024 Changed: Aug 17 Last Checked: Aug 20 at 5:52PM

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 Huber commercial Inc.

Investment Insights

Based on property information with market context.

The Carriage House, offering 3,400 square feet of space, is part of the Judge Jacob Gale complex.

Key Highlights

  • 3,400 square feet available.
  • Part of the Judge Jacob Gale complex.
  • The Carriage House.

Property Analytics

Current Use

Greater Peoria Manufacturing ... Industrial Manufacturer Greater Peoria Economic ... Charitable Organization

Suggested Use

Top Pick Grocery & Convenience Store Storage Facility (Bike/Boat/Book/etc) Store Acupuncture Nail Salon Locksmith

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

3,508
Businesses Nearby

Demographics for 61603, IL

15,503
Population
8,291
Households
1.9
Avg Household Size
33
Median Age
15%
College-Educated
87%
High-School Grad
4.2 sq mi
ZIP Area
3,691
Density / Sq Mi
$40,405
Median Household Income
$29,084
Median Earnings
$976
Median Rent
$73,100
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
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - 3,400 square feet office space available for rent.
Where is this office units located?
The property is located at 401 NE Jefferson Ave Peoria, IL.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: 3,400 square feet available.; Part of the Judge Jacob Gale complex.; The Carriage House.
More about this property
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