Peoria, IL Retail Properties & Spaces for Lease
- East Peoria, IL
- West Peoria, IL
- Peoria Heights, IL
- Pekin, IL
- Washington, IL
- Morton, IL
- Germantown Hills, IL
- Dunlap, IL
Peoria, IL Retail properties & Spaces Lease Rates & Market Statistics
Explore 92 Retail properties & Spaces for lease in Peoria, IL on Realmo, a commercial real estate exchange covering the Peoria area. The current inventory totals 424,393 square feet of properties — an average of ~4,600 SF per listing.
Asking lease rates for Retail properties & Spaces in Peoria start at $5.75 SF/Yr, average $12.60 SF/Yr, and reach $25 SF/Yr at the top of the market. That's a 4x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $12.60 SF/Yr is 44% below the Illinois state average of $22.34 SF/Yr.
Peoria accounts for 94% of the 98 retail properties & spaces currently available across Peoria County, where nearby markets include Chillicothe and Peoria Heights. By space type, the market includes 30 shopping centers, 20 storefront properties and 3 showrooms — storefront properties typically offer the lowest entry point, while shopping centers command the highest rates.
