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    7916 Hale Ave Peoria, IL 61614

    Sponsored
    For Lease
    $12 SF/Yr ($10,980 /Mo)

    10,980 SF Flex Space Available

    Lot size:
    10,980 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This Peoria, IL commercial property at 7916 N Hale Ave offers 10,980 square feet of flexible retail and industrial space, currently with 3,200 square feet immediately available for lease. The building is zoned C2, allowing for a wide range of large-scale commercial uses. Situated in Peoria County, zip code 61614, this multi-tenant property boasts excellent visibility due to its street-side location and a prominent monument sign. Two driveway entrances provide convenient access for both customers and deliveries. The property is ideal for businesses seeking a flexible space to accommodate their specific needs, with build-to-suit options available. The existing space offers immediate occupancy for a tenant requiring approximately 3,200 square feet. This prime location in a high-traffic area ensures significant exposure for your business. The property's versatile zoning and ample space make it a highly attractive opportunity for a variety of commercial enterprises. Inquire today to learn more about leasing options and build-to-suit possibilities.

    Property Features for 7916 Hale Ave

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,980 SF
    Total Rate
    10980

    Unit(s) available at that property

    Space
    Available Space
    Size
    3,200 SF
    Rate per SF
    $12

    HighLights

    • 10,980 SF of flexible retail/industrial space available in Peoria, IL.
    • 3,200 SF immediately available for lease.
    • C2 zoning allows for diverse commercial uses.
    • High‑visibility location with street frontage and monument signage.
    • Two driveways provide convenient access.
    • Build‑to‑suit options available.
    Property Profile Location Intelligence

    Current Use by Public Records

    River City Labs Non-Profit Organization

    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
    -89.607217
    Latitude
    40.784196

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    FAQs

    What type of property is this?
    Flex space - 10,980 SF Flex Space Available
    Where is this flex space located?
    The property is located at 7916 Hale Ave Peoria, IL.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 10,980 SF of flexible retail/industrial space available in Peoria, IL.; 3,200 SF immediately available for lease.; C2 zoning allows for diverse commercial uses.
    Request Owner's contact information
    7916 Hale Ave Peoria, IL 61614
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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
    7916 Hale Ave Peoria, IL 61614
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