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Office Space

$144,000

1605 W Candletree, Ste #101, Peoria, IL 61614

Active
Last Updated: 09/25/2025

1,200 sqft

Building Size

B

Class

Details:
Building Size:    1,200 sqft
Class:    B
Year Built:    1979
Floors:    1
Description:

Income producing 1,200 SF Office/Medical condo for sale on Candletree Dr.
Space is currently occupied by a therapist with a 5 year NNN term commencing August 2025.
NNN Lease with minimum Landlord responsibilities. 10% cap rate.
Financials available upon request to qualified buyers.
Open waiting room/reception entryway, three private offices, men’s and women’s restrooms and some open area.
Exterior of the building was painted in 2020 and entire parking lot was resurfaced and restriped in 2021.
Sale consists of only Unit 101. Building is setup as a condo with 16 individual units.
Neighboring condo owners at 1605 Candletree include medical, financial, and other general office users.
Abundant parking onsite.
Located on Candletree Drive one block off of University St.

Located on Candletree Drive one block off of University Street.

Map:
Documents:
Title
1605_Candletree_Unit_101_Brochure_9.15.25.pdf
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Location
Gallery