Peoria, IL Commercial Real Estate for Lease

Search 99 commercial real estate listing(s) for lease in Peoria, IL, including the latest local availabilities across all property types and find helpful local stats in the Market Overview section below.

1215 NE Adams St

1215 NE Adams St, North Valley, Peoria, IL
Space Type

Industrial
For Lease

$13.08/SF/YR
1 space available / 49,616 SF
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4521 N Prospect Rd

4521 N Prospect Road, Peoria Heights, Peoria, IL
Space Type

Retail
For Lease

$16.00/SF/YR
1 space available / 10,090 SF
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University Plaza

3523 N University St, Central Peoria, Peoria, IL
Space Type

Retail
For Lease

$10.00/SF/YR
1 space available / 6,000 SF
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Commercial Real Estate Listings for Lease in Peoria, IL

The Peoria real estate market has a lot to offer. You will find that Retail accounts for the largest share of CRE for lease opportunities on the local market. Meanwhile, Industrial accounts for the second-largest share of local listings for rent.

Peoria, IL Commercial Real Estate Listings for Rent

Type No. of Listings Space Available

Office 51 497,400 Sq. Ft.

Retail 31 619,711 Sq. Ft.

Industrial 20 541,522 Sq. Ft.

CRE for Rent in Peoria, IL by Use Type

Office

29.99%

Retail

37.36%

Industrial

32.65%

Top Locations for Commercial Space for Lease in Peoria, IL

Depending on the type of space that you’re looking for, different areas of Peoria may suit your needs differently. The city’s Central Peoria neighborhood has the highest concentration of CRE listings for lease, offering 70 availabilities on the market. The North Peoria neighborhood is home to the second-largest number of leasing opportunities — 65 listing(s).

At the same time, it is worth noting that the concentration of one particular type of commercial real estate in an area is a good indication of the potential of that neighborhood or submarket. For example, if you want to rent an office, consider that you will find the largest concentration of opportunities in Central Peoria.

Top Locations for CRE Listings in Peoria, IL

Neighborhood with most CRE Listings No. of Spaces

Central Peoria 70

North Peoria 65

Northwest Peoria 33

Top Locations for Office Listings in Peoria, IL

Neighborhood with most Office Listings No. of Spaces

Central Peoria 44

North Peoria 35

Downtown Peoria 29

Areas with numerous industrial properties are also more likely to be well-connected logistically. The North Peoria area is the local Peoria submarket with the most listings for rent, at this time.

Retail properties can be both scattered and clustered, mostly depending on the use type and where the location best fits in order to be close to the customers. In Peoria, you’ll find the most such opportunities for lease to be in Northwest Peoria.

Top Locations for Industrial Listings in Peoria, IL

Neighborhood with most Industrial Listings No. of Spaces

North Peoria 14

South Peoria 12

Northwest Peoria 1

Top Locations for Retail Listings in Peoria, IL

Neighborhood with most Retail Listings No. of Spaces

Northwest Peoria 30

Central Peoria 26

North Peoria 15

Mixed-Use and Green Commercial Real Estate in Peoria, IL

Mixed-use properties incorporate at least two different types of commercial real estate, which can present a series of advantages. The different real estate types in a mixed-use property can complement each other in ways that sustain mutual success. For instance, ground-floor retail spaces may benefit from the constant stream of office workers to and from the upper floors of the same building, as well as serve the surrounding community.

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Peoria, IL Commercial Real Estate for Lease

1215 NE Adams St

4521 N Prospect Rd

University Plaza

Commercial Real Estate Listings for Lease in Peoria, IL

Peoria, IL Commercial Real Estate Listings for Rent

CRE for Rent in Peoria, IL by Use Type

Top Locations for Commercial Space for Lease in Peoria, IL

Top Locations for CRE Listings in Peoria, IL

Top Locations for Office Listings in Peoria, IL

Top Locations for Industrial Listings in Peoria, IL

Top Locations for Retail Listings in Peoria, IL

Mixed-Use and Green Commercial Real Estate in Peoria, IL

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