Peoria, IL Office Space for Rent

Search 160 listing(s) across all major Peoria, IL office markets.

5113 North Executive Drive

5113 North Executive Drive, Peoria, IL
Space Type

Private Offices
For Lease

From $350/month
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3308 W Chartwell Rd

3308 W Chartwell Rd, Northwest Peoria, Peoria, IL
Space Type

Office
For Lease

$13.00/SF/YR
1 space available / 4,000 SF
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411 Hamilton Blvd

411 Hamilton Blvd, Downtown Peoria, Peoria, IL
Space Type

Office
For Lease

$15.50/SF/YR
9 spaces available / 4,485 - 13,500 SF
View Details

Office Space Rents in Peoria, IL

Asking prices for office space in Peoria vary and are generally influenced by such factors as the property location, the building quality rating, and the proximity to amenities like restaurants, cafes, and entertainment venues, as well as how convenient access is to and from public transport, airports, and thoroughfares.

Most commonly, the cost in any location will first be influenced by the property class rating, which can be A, B, or C. For example, Peoria space rated Class A averages $12.5 per square foot. Meanwhile, Class B space in Peoria asks $12.29 per square foot, on average.

Overall, the average rent for office space in Peoria is $14.19 per square foot. The maximum rental rate among listings for lease in Peoria is $40 per square foot. Meanwhile, the minimum rental rate in Peoria is $5 per square foot.

Average Office Rents by Property Class in Peoria vs Illinois

Peoria Class A & A+ Office Space

$12.5

Illinois Class A & A+ Office Space

$34.01

Peoria Class B Office Space

$12.29

Illinois Class B Office Space

$25.49

Top Locations to Rent Office Space in Peoria, IL

There is no one-size-fits-all answer as to what the best office space for rent location is in Peoria. The best neighborhood or submarket match for you will depend on what are the most relevant factors to your business and your employees. You will most likely need to consider what works best for the type of business you need space for, the size of your company, the employee demographics, and of course the company budget.

However, a good starting point for finding your best options is to look at the areas where there is a high concentration of office property listings. These areas are typically well-connected to a range of access routes and are also home to a variety of amenities that serve the convenience of both workers and visitors.

Key Factors to Consider when Choosing an Office Space for Rent in Peoria, IL

The quality of an office property can be judged based on subjective factors such as the prospective tenant’s preferred architecture style, the overall design of the surrounding area, as well as the amount and/or diversity of amenities available within a convenient distance.

Some quality factors, however, are considered to be mostly objective, and have been somewhat standardized as top things to consider when looking for a specific quality of space for your business. These include construction grade and building quality ratings, sustainability certifications, the total age or the property, as well as any renovation work that was done.

However, a certain age of completion of the original structure does not necessarily mean that a property is too old. Older properties are often considered to have excellent bones and are good subjects for adaptive reuse redevelopment or extensive renovation to modernize the interior space. With that in mind, you should consider that roughly 13.33% of all office properties here are buildings that have been renovated at least once since 2000.

Finding Office Space for Rent in Peoria, IL Near You

If you have a certain point of interest in mind for renting an office in Peoria, it’s easy to navigate local leasing opportunities around it. Using our interactive search map, you can zoom in to your preferred location and then customize your search area around that specific point of interest by selecting “Radius” from the Search Mode options menu. Establish the center of your desired search area with one click on the map, and then expand the radius as much as you need to. Browse the resulting list of available office spaces for rent to find the best match for your location and other business needs.

Data was provided by Yardi Research Data and refers to office properties at least 25,000 square feet in size. Prices shown reflect the average rate per square foot.

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Peoria, IL Office Space for Rent

5113 North Executive Drive

3308 W Chartwell Rd

411 Hamilton Blvd

Office Space Rents in Peoria, IL

Average Office Rents by Property Class in Peoria vs Illinois

Top Locations to Rent Office Space in Peoria, IL

Key Factors to Consider when Choosing an Office Space for Rent in Peoria, IL

Finding Office Space for Rent in Peoria, IL Near You

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