1315 W Commerce Drive

$1,887,000

1315 W Commerce Drive, Peoria, IL 61615

For Sale

Office Building

Active

Last Updated: 01/13/2025

Details:

Building Size: 12,165 sqft

Lot Area: 1.15 acres

Class: A

Units: 2

Year Built: 2003

Floors: 1

Offered by

Daniel Maloof

Principal/Broker

Maloof Commercial

#475.122647

Request Info to Unlock

Highlights:

12,165 sf office building
60% leased by long-term tenant
New 10-year lease signed
(1) 5-year renewal term
Broker Owned

Description:

Located in the thriving Peoria area, this property offers tremendous potential for investors seeking a profitable venture. Featuring a prime location, this commercial space boasts excellent visibility and accessibility, ensuring maximum exposure for any business.

Complete Highlights: - Strategically situated in a sought-after area of Peoria - High visibility and convenient accessibility - Well-maintained and attractive building exterior - Ample parking space for both employees and customers - Flexible floor plan ideal for a wide range of businesses - Strong tenant profiles and established rental history - Projected impressive net operating income (NOI)

Don't miss out on this incredible opportunity to own a prime commercial property in Peoria.

This property is located off North Knoxville near the exit to IL-Rte 6. Neighboring businesses include: Kroger, RLI Insurance, Panera Bread, & Avantis. Quick interstate access.