7820 N. University, Peoria, IL, 61614

7820 N. University Peoria, IL 61614

7820 N. University, Peoria, IL, 61614
7820 N. University, Peoria, IL, 61614 7820 N. University, Peoria, IL, 61614 7820 N. University, Peoria, IL, 61614 7820 N. University, Peoria, IL, 61614 7820 N. University, Peoria, IL, 61614 7820 N. University, Peoria, IL, 61614 7820 N. University, Peoria, IL, 61614 7820 N. University, Peoria, IL, 61614
FOR LEASE
Property Type:
Multi Tenant Office
Amount:
Please Call Broker for Price

Last Verified:
Nov 01, 2024

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Description

Two story brick building in North Peoria with three spaces available for lease. Highly visible building located at the busy intersection of University St and Pioneer Parkway with traffic counts of approximately 35,600 cpd. Flexible floor plan with competitive rental rates. Abundant free parking available. Numerous retailers and restaurants nearby. Lift available in lobby for handicap accessibility to second floor.
NNN AMOUNT = $4.83 PSF

On the corner of University and Pioneer Parkway in Peoria. Traffic counts are 16,300 CPD on Pioneer Parkway and 16,400 cpd on University St.


Year Built: 1978
Building Size: 18000sq ft
Building Class: C
Lot Size: 1.2 acres


Documents

Property Brochure

Units for Lease

102A
Space Available: 734 SF
Lease Type: NNN

Price Per Sqft/Year: $9.00
104
Space Available: 1250 SF
Lease Type: NNN

Price Per Sqft/Year: $9.00
108
Space Available: 1490 SF
Lease Type: NNN

Price Per Sqft/Year: $9.00
201
Space Available: 2125 SF
Lease Type: NNN

Price Per Sqft/Year: $9.00

Map of 7820 N. University, Peoria, IL, 61614

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.