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    200 Macarthur Hwy Peoria, IL 61605

    Sponsored
    For Lease
    $14 SF/Yr

    Peoria, IL Executive Office Space

    Lot size:
    22,900 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Peoria, Illinois commercial property, Valley Park Shopping Center, offers 9,300 square feet of immediately available executive office space within a thriving retail center. Located at 200 N MacArthur Hwy, 61605, this multi-tenant building boasts a total of 22,900 square feet, situated on a 3-acre lot in Peoria County. The available space is divisible into units ranging from a minimum of 3,000 square feet to a maximum contiguous space of 6,300 square feet, providing flexibility for various business needs. The property enjoys excellent visibility and frontage along MacArthur Highway, enhanced by prominent signage opportunities. Ample on-site parking and four points of access ensure convenient access for both employees and clients. This prime location benefits from a co-tenancy with established businesses such as Cefcu and City Fashion, and the added convenience of an on-site gas station. The signaled intersection provides optimal visibility and accessibility, making this an ideal location for businesses seeking high traffic exposure and a strong presence in the Peoria market. This is a rare opportunity to secure high-quality office space in a well-established and highly visible retail center.

    Property Features for 200 Macarthur Hwy

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    22,900 SF
    Total Rate
    26716.67

    Unit(s) available at that property

    Space
    Suite 7-8
    Size
    3,000 SF
    Rate per SF
    $14
    Space
    Suite 4-6
    Size
    6,300 SF
    Rate per SF
    $14

    HighLights

    • 9,300 SF of immediately available office space in Peoria, IL's Valley Park Shopping Center.
    • Divisible suites ranging from 3,000 SF to 6,300 SF contiguous.
    • High visibility & prominent signage on MacArthur Highway.
    • Ideal for office or retail use.
    Property Profile Location Intelligence

    Current Use by Public Records

    CEFCU Credit Union One Stop Gas Gas Station Shell Gas Station City Fashion Men'S Clothing Store ATM (Mac Donald ... Atm

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.6068626
    Latitude
    40.6908699

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    FAQs

    What type of property is this?
    Office Property / Space - Peoria, IL Executive Office Space
    Where is this office property / space located?
    The property is located at 200 Macarthur Hwy Peoria, IL.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: 9,300 SF of immediately available office space in Peoria, IL's Valley Park Shopping Center.; Divisible suites ranging from 3,000 SF to 6,300 SF contiguous.; High visibility & prominent signage on MacArthur Highway.
    Request Owner's contact information
    200 Macarthur Hwy Peoria, IL 61605
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    Peoria, IL 61605
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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
    200 Macarthur Hwy Peoria, IL 61605
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