Sublease Available: Strategic Retail Location Near Downtown Peoria

SubleaseRetail 7,378 SF
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820 NE Jefferson Ave
Peoria, IL 61603
Lease Price: $9.50/ SF
Lease Type: Net
Building Size: 7,378 SF
Parking: 29 Spaces
Zoning: CG- Commercial General
RE: $17,636.52 (2023)

Property Description

Coldwell Banker Commercial Devonshire Realty is pleased to offer this freestanding retail property for sublease. The current lease extends until April 30, 2027. This property features a single net lease, under which the tenant is responsible for maintaining insurance, all maintenance, and utility expenses.

Area Description

Located at 820 NE Jefferson St, this commercial property enjoys excellent visibility on a major route into downtown Peoria, placing it at the center of a vibrant area filled with cultural, recreational, and entertainment attractions. Nearby, the bustling Peoria Riverfront features the Peoria Riverfront Museum, scenic parks, trails, seasonal events, and the RiverFront Market. A short distance away, Dozer Park is home to the Peoria Chiefs minor league baseball team and hosts various concerts and community events. The Peoria Civic Center, minutes away, is a key venue for concerts, Broadway shows, sporting events, and conventions. Additionally, the revitalized Warehouse District offers trendy lofts, eclectic dining, bars, and boutique shops, all within historic buildings.

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