South Peoria Sublease

South Peoria

Office Space Market Report

Number of Listings (last 90 days)
17
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
4,110
As of: December 7, 2016

South Peoria Rates

The typical asking rate per listing is in the $10's per square foot per year. The South Peoria region is experiencing a decline in rates. In the last 3 months, the median rate fell $6 per sqft per year. That's a 24% decline in rent.

South Peoria Listing Supply

In the last 90 days, 17 listings have been listed, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. 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 4,110 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this area were built in 1984 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 occupants. Commuting around an hour a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in South Peoria.
Market Report

Market Data

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