Most listings are in the $10's per square foot per year. The South Peoria submarket is going through a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 6% decline in rent.
In the last 90 days, 6 listings have come on the market, which means new availabilities might be going fast. You'll want to be prepared to tour spaces as quick as possible. 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 6,750 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are close to 2 stories. Most buildings in this region 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 residents. Commuting around an hour a day is the norm for those who opt to reside in this part of town.