The typical asking rate per listing is in the $10's per square foot per year. The South Peoria submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $0 per sqft per year. That's a 1% rise in rent.
In the last 90 days, 6 listings have been made available, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 50% of the available space in the South Peoria are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 53,210 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are close to 2 stories. Most buildings in this market were built in 1985 and are Class B.
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 area. Commute by taxi is the most popular way to get to work amongst South Peoria occupants. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.