Most listings are in the $10's per square foot per year. The South Peoria submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 6% decrease in rent.
In the last 90 days, 6 listings have been made available, which means listings might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 6,750 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are around 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 region. Commute by taxi is the most popular way to get to work amongst South Peoria folk. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.