Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    7022 Middle Rd Peoria, IL 61607

    Sponsored
    For Lease
    Contact for pricing

    88,145 SF hangar, office, & ramp space.

    Lot size:
    88,145 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional ±88,145 square foot facility at the General Wayne A. Downing Peoria International Airport presents a unique investment opportunity. The property boasts two ±36,005 square foot hangar bays, providing ample space for aircraft storage and maintenance. In addition to the hangar space, the facility includes approximately ±10,321 square feet of combined office, conference, break, and shop space, catering to the needs of a diverse aviation operation. A convenient ±5,814 square foot parking garage ensures ample parking for staff and visitors. Further enhancing its appeal, the property includes approximately ±110,000 square feet of private ramp space, providing direct access to the airfield. The facility is equipped with two fuel cabinets, each containing two 20,000-gallon in-ground tanks, offering significant fuel storage capacity. This single-tenant property is ideally suited for private flight departments, MROs, FBOs, aircraft service centers, or aviation manufacturing companies seeking a high-quality, well-equipped facility in a competitive market. The property is available for sale or lease, presenting a compelling opportunity for businesses seeking to establish or expand their aviation operations in a strategic location. This is a rare opportunity to acquire a substantial and well-appointed aviation facility at a potentially advantageous price point.

    Property Features for 7022 Middle Rd

    General Information

    Property type
    Airport retail
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    88,145 SF

    Unit(s) available at that property

    Space
    Size
    88,145 SF

    HighLights

    • ±88,145 SF aircraft hangar facility available for sale or lease at Peoria International Airport.
    • Single‑tenant occupancy.
    • Features two ±36,005 SF hangar bays, ±10,321 SF of office/shop space, and a ±5,814 SF parking garage.
    • Includes approximately ±110,000 SF of private ramp space and two 20,000‑gallon fuel tanks.
    • Located in Peoria County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Airport retail

    Suggested Use

    Restaurant Clothing Store Electrical Service Daycare Center Car Rental Parking Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.704577
    Latitude
    40.673877

    Nearby Similar for Lease

    • Contact for pricing
      43,560 SF

      Peoria Office Space For Rent

      2,525 SF office space with excellent accessibility and visibility.
      1820 N Sterling Ave, Peoria, IL 61604
      View Details
    • $8 SF/Yr
      57,100 SF

      Versatile Industrial and Office Building

      57,100 SF industrial/office space for lease in Peoria, Illinois.
      6533 N Galena Rd, Peoria, IL 61614
      View Details
    • Contact for pricing
      12,503 SF

      Prime Retail Space in Peoria

      Retail landmark with high visibility and strong market presence.
      2601 W Lake Ave, Peoria, IL 61615
      View Details
    • $6 SF/Yr
      3,300 SF

      Warehouse District Flex Building

      3,300 SF flex building in Peoria's Warehouse District.
      718 SW Adams St, Peoria, IL 61602
      View Details
    • $12 SF/Yr
      2,565 SF

      Renovated Loft Office Space Available

      Office suites available in renovated loft building on Water Street.
      311 SW Water St, Peoria, IL 61602
      View Details
    • $6 SF/Yr
      5,500 SF

      Warehouse/Flex Space in Warehouse District

      Warehouse/flex building for lease in the Warehouse District.
      720 SW Adams St, Peoria, IL 61603
      View Details
    • $12 SF/Yr
      34,142 SF

      Retail Space in Willow Knolls

      Retail and restaurant spaces available in Peoria shopping center.
      4100 W Willow Knl Rd, Peoria, IL
      View Details
    • $4 SF/Yr
      136,524 SF

      Warehouse Space in North Peoria

      136,524 SF warehouse space available for lease.
      8201 N University St, Peoria, IL 61615
      View Details
    • $11 SF/Yr
      3,791 SF

      Retail Spaces in High-Traffic Area

      Retail spaces available in a high-traffic Peoria location.
      4722-4810 N Sheridan Rd, Peoria, IL 61614
      View Details
    • $4 SF/Yr
      5,711 SF

      Peoria Office Space for Lease

      Flexible workspace solutions in Peoria, IL.
      416 Main St, Peoria, IL 61602
      View Details
    • $4 SF/Yr
      11,880 SF

      Warehouse Space in Warehouse District

      11,880 SF warehouse space for lease. Loft style with exposed brick.
      836 SW Washington St, Peoria, IL 61611
      View Details
    • $13 SF/Yr
      13,750 SF

      Prime Peoria Downtown Space

      Retail, Office, Restaurant - 2,500-13,750 SF
      128 Monroe St, Peoria, IL 61602
      View Details

    FAQs

    What type of property is this?
    Airport retail - 88,145 SF hangar, office, & ramp space.
    Where is this airport retail located?
    The property is located at 7022 Middle Rd Peoria, IL.
    What are key features of this property?
    This property features: ±88,145 SF aircraft hangar facility available for sale or lease at Peoria International Airport.; Single-tenant occupancy.; Features two ±36,005 SF hangar bays, ±10,321 SF of office/shop space, and a ±5,814 SF parking garage.
    Request Owner's contact information
    7022 Middle Rd Peoria, IL 61607
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7022 Middle Rd
    Peoria, IL 61607
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    7022 Middle Rd Peoria, IL 61607
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.