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7,500 SF RETAIL OPPORTUNITY 4361 Venture Dr 7,521 SF of Retail Space Available in Peru, IL 61354
Highlights
- Prime location in Peru’s main retail corridor
- Excellent visibility and easy access
- Strong and stable regional customer base
- Adjacent to national anchor tenants
- Flexible 7,500 SF leasable space
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 7,521 SF | Negotiable | $12.50 /SF/YR $1.04 /SF/MO $94,013 /YR $7,834 /MO | Triple Net (NNN) |
1st Floor
Strategically positioned directly opposite of Target and Home Depot, the property consists of a 15,166 square foot multi-tenant retail building situated on over 2 acres, prominently located along Venture Drive. The asset features modern construction, strong frontage, and high visibility within one of the most trafficked retail corridors in the market. Existing tenancy includes established national retailers, providing proven performance and consumer draw to the site. The available 7,500 square foot space offers flexible configuration suitable for a range of retail, service, or medical users. The suite benefits from ample parking, convenient ingress/egress, and strong signage opportunities. Its positioning within a dominant power center environment makes it ideal for tenants seeking regional exposure, co-tenancy with national brands, and access to a stable consumer base.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Space is in Excellent Condition
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 7,521 SF | Year Built/Renovated | 1994/2015 |
| Property Type | Retail | Parking Ratio | 3.69/1,000 SF |
| Gross Leasable Area | 15,166 SF |
| Total Space Available | 7,521 SF |
| Property Type | Retail |
| Gross Leasable Area | 15,166 SF |
| Year Built/Renovated | 1994/2015 |
| Parking Ratio | 3.69/1,000 SF |
About the Property
Strategically positioned directly opposite of Target and Home Depot, the property consists of a 15,166 square foot multi-tenant retail building situated on over 2 acres, prominently located along Venture Drive. The asset features modern construction, strong frontage, and high visibility within one of the most trafficked retail corridors in the market. Existing tenancy includes established national retailers, providing proven performance and consumer draw to the site. The available 7,500 square foot space offers flexible configuration suitable for a range of retail, service, or medical users. The suite benefits from ample parking, convenient ingress/egress, and strong signage opportunities. Its positioning within a dominant power center environment makes it ideal for tenants seeking regional exposure, co-tenancy with national brands, and access to a stable consumer base. Area Description 4361 Venture Drive is strategically positioned within the primary retail corridor of Peru, Illinois, serving as the dominant commercial hub for the greater Illinois Valley region. The property benefits from immediate proximity to national anchors including Target and The Home Depot, as well as its location near the Peru Mall, historically the area’s central retail destination. This corridor draws consumers from a broad trade area including La Salle, Oglesby, Spring Valley, and Ottawa, supported by convenient access to Interstate 80 and strong regional traffic patterns.
- Pylon Sign
Nearby Major Retailers
Contact the Leasing Agent
7,500 SF RETAIL OPPORTUNITY | 4361 Venture Dr