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Property profile

5113 Executive Dr Peoria, IL 61614

FOR LEASE
Commercial real estate
Property ID
US28-2055609
Entity Owned 12-yr Hold Free & Clear

Property summary

AI-generated overview

Prime Glen Avenue location offering three available office suites totaling 4,677 square feet in a single, 10,812 square foot building. Suite 100, a 1,208 square foot turnkey space, features a private entrance, large waiting area, six private offices (one adaptable as a conference room), and a shared reception/break area with counterspace and cabinetry. Flexible layouts allow for micro-suite configurations to accommodate diverse business needs. Suite 104, a unique 1,130 square foot suite, boasts a private entrance, private restroom, and a private deck overlooking a wooded area. This suite offers 2-3 offices and a reception area (convertible to an office), with adaptable space for additional offices or micro-suites. Both suites provide access to common building restrooms. Minimum divisible space is 1,130 square feet, with a maximum contiguous space of 2,339 square feet. The building is zoned OT and features no elevators. This property presents a compelling opportunity for businesses seeking flexible and well-appointed office space in a desirable location.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
APN 14-20-276-046
UPID US28-2055609

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Counselor Mental Health Service
  • Physician Medical Clinic
  • Counselor Mental Health Service
  • Alternative Medicine Practice Spa & Massage Center

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request

Owner & transaction history

since 2014
7 recorded transactions
2014
$280,000
2013
Price N/A
2006
$5.4M
2000
Price N/A
1998
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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