South Peoria Retail

South Peoria

Market Report

Number of Listings
Posted in the last 90 days
8
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
2,610

South Peoria Rates

On average, listings lease in the $10's per square foot per year. The South Peoria region is going through a a boost in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 9% increase in rent.

South Peoria Listing Supply

In the last 90 days, 92 listings have been posted online, so you'll want to check back regularly for new listings. About 9% of the listings in the South Peoria are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 2,610 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are approximately 2 floors. Most buildings in this region were built in 1985 and are Class B.

South Peoria Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Commute by taxi is the most popular way to get to work amongst South Peoria folk. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in South Peoria.
Research