Peoria, Illinois, offers a unique blend of history, culture, and economic opportunities, making it an ideal location for Office Space For Lease. With a population of around 113,000 people, Peoria provides a diverse and skilled workforce, as well as a strong infrastructure, including the Greater Peoria Mass Transit District, General Wayne A. Downing Peoria International Airport, and several state routes. The city's economy is driven by industries such as manufacturing, healthcare, and education, with major employers like Caterpillar, OSF Healthcare, and UnityPoint Health. Additionally, Peoria is home to several institutions, including Illinois Central College and Bradley University, which provide a steady supply of skilled workers. The city's scenic beauty, cultural attractions, and outdoor recreational opportunities make it an attractive location for businesses and individuals alike.
Peoria's Office Space For Lease market offers a range of options, with 16 available listings. The average annual rent per square foot is $14 USD, with sizes ranging from 10 square feet to 13,750 square feet. In addition to Office Space, Peoria also offers Coworking Space, Flex Space, Medical Offices, and Retail Space options. For instance, Coworking Space in Peoria provides a collaborative and flexible work environment, while Flex Space offers a versatile and adaptable solution for businesses. Medical Offices in Peoria are well-suited for healthcare professionals, and Retail Space is ideal for businesses looking to establish a presence in the city's vibrant shopping districts. With its diverse range of property types and amenities, Peoria is an attractive location for businesses of all sizes and industries.
What is the average size of office space for lease in the Peoria market?
The average size of office space for lease in the Peoria market is 2,154 square feet, with a total of 16 available listings, offering a range of options for businesses looking to establish or expand their presence in the area.
Are there different types of office space leases available?
In Peoria, Illinois, businesses can choose from a variety of office space leases to suit their specific needs, including:
- Full-service leases, which typically include utilities, maintenance, and janitorial services, often ideal for companies seeking a hassle-free experience.
- Modified gross leases, which combine the benefits of full-service and net leases, offering a balance between flexibility and cost control.
- Net leases, which require tenants to pay for utilities, taxes, and insurance, providing more autonomy and potential for cost savings.
