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    2000 Pioneer Pkwy Peoria, IL 61615

    Sponsored
    For Lease
    $7 SF/Yr

    Prime Peoria Office Space Available

    Lot size:
    38,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional office property, located at 2000 Pioneer Parkway in Peoria County, offers a diverse range of spaces perfect for businesses of all sizes. The single-story, 38,400 square foot building, constructed in 1972 and classified as Class B, sits on a generous 3.23-acre lot. The property boasts 25 individual suites, with flexible options ranging from a minimum of 224 square feet to a maximum contiguous space of 4,259 square feet, accommodating various business needs. The building features convenient accessibility and high visibility from Pioneer Parkway, ensuring excellent exposure for your business. Ample on-site parking is available for tenants and their clients. The property is zoned for commercial use and benefits from local ownership, ensuring consistent maintenance and responsiveness. Currently, there are two spaces immediately available. The building's Net, Net, Net (NNN) lease rate is $3.53 per square foot, with utilities adding an additional $1.68 per square foot. This presents a compelling opportunity to establish your business in a well-maintained and strategically located office environment. The property's multiple tenancy structure provides a vibrant and collaborative atmosphere.

    Property Features for 2000 Pioneer Pkwy

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    38,400 SF
    Class
    B
    Total Rate
    22400

    Building Details

    Year Built
    1972
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Unit 19A
    Size
    1,900 SF
    Rate per SF
    $7
    Space
    Suite 18A
    Size
    2,817 SF
    Rate per SF
    $7

    HighLights

    • 38,400 square foot office building on a 3.23‑acre lot in Peoria County.
    • Single‑story, Class B building constructed in 1972.
    • Multiple suites available, ranging from 224 to 4,259 contiguous square feet.
    • 25 total suites in the building.
    • Excellent visibility and accessibility from Pioneer Parkway with ample on‑site parking.
    • NNN lease rate: $3.53 per square foot; Utilities: $1.68 per square foot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Elm Tax Service Tax Preparation Service Langendorf Supply Co Wholesaler DDI Inc Exporter Mindock Counseling And Wellness Counselor Snyder Counseling Services Psychotherapist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.622895269263
    Latitude
    40.78287982227

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Peoria Office Space Available
    Where is this office property / space located?
    The property is located at 2000 Pioneer Pkwy Peoria, IL.
    What is the lease rate?
    The lease rate is $7-$7 SF/Yr.
    What are key features of this property?
    This property features: 38,400 square foot office building on a 3.23-acre lot in Peoria County.; Single-story, Class B building constructed in 1972.; Multiple suites available, ranging from 224 to 4,259 contiguous square feet.
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    2000 Pioneer Pkwy Peoria, IL 61615
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2000 Pioneer Pkwy Peoria, IL 61615
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