Sheridan Plaza

4325 N Sheridan Road Peoria, IL 61614

4325 N Sheridan Road, Peoria, IL, 61614
4325 N Sheridan Road, Peoria, IL, 61614 4325 N Sheridan Road, Peoria, IL, 61614 4325 N Sheridan Road, Peoria, IL, 61614 4325 N Sheridan Road, Peoria, IL, 61614 4325 N Sheridan Road, Peoria, IL, 61614 4325 N Sheridan Road, Peoria, IL, 61614
FOR LEASE
Property Type:
Strip Center
Amount:
Please Call Broker for Price

Last Verified:
Nov 14, 2023

Highlights

  • Surface Parking
  • Separate Utilities
  • Lease Incentives
  • Strong Tenant Mix
  • Great central Peoria location

Description

There are 3 spaces available for Lease within the Sheridan Plaza retail center. This location includes surface parking, and all spaces have separate utilities. Incentives: 4 Months of free base rent based on a 5-year Lease Term and subject to Lessor approval. T.I. Allowance is negotiable!

These retail and office spaces are located near the corner of Lake Ave and Sheridan Road in Peoria, IL. Tenants include Dr. Ferlman, Discount Tobacco, Taco Loco, & The Fish Geek. Neighboring landmarks include Lake Court and Sheridan Village, which include businesses such as Hy-Vee, Kroger, Dairy Queen, Cefcu, Papa John’s, and Cube Storage.

Building Size: 13897sq ft
Lot Size: 0 acres


Documents

Sheridan Plaza Brochure

Units for Lease

Suite 8
Space Available: 1111 SF
Lease Type: NNN

Price Per Sqft/Month: $13.00
Suite 9
Space Available: 989 SF
Lease Type: NNN

Price Per Sqft/Month: $13.00
Suite 10
Space Available: 1984 SF
Lease Type: NNN

Price Per Sqft/Month: $11.50

Map of 4325 N Sheridan Road, Peoria, IL, 61614

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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.