South Peoria Sublease

South Peoria

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
2,860
As of: May 24, 2017

South Peoria Rates

On average, listings lease 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% decline in rent.

South Peoria Listing Supply

In the last 90 days, 6 listings have come on the market, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 2,860 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are close to 2 stories. Most buildings in this market 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 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.

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