1605 W Candletree Dr, Peoria, IL 61614 For Sale

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.