2521 War Memorial DrPeoria, IL 61615

For Lease
$6.50/SF/YR

Prime Peoria location, high traffic, renovated.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 23,900-square-foot multi-tenant retail and office building is situated on a 1.53-acre lot at the high-traffic intersection of War Memorial Drive, Sterling Avenue, and Glen Avenue in Peoria, Illinois. The property, built in 1960 and classified as Class B, features a single, one-story building with 61 parking spaces. Currently zoned C1, it offers a variety of potential uses. A recent renovation (2017) included an upgraded façade and a new paved parking lot, resealed in 2023. The property boasts excellent visibility and accessibility, benefiting from high daily traffic counts of 34,200 vehicles on War Memorial Drive and 21,500 on Sterling Avenue. Its strategic location places it directly across from major national retailers such as Target, Best Buy, and Petco, ensuring high foot traffic and brand recognition. One available space of 6,500 square feet is currently available for lease. This property presents a unique opportunity for businesses seeking a prominent location in a thriving Peoria retail corridor.

Highlights

  • 23,900 SF multi-tenant retail/office building on a 1.53-acre lot in Peoria, IL.
  • Class B, single-story building with 61 parking spaces, built in 1960, currently zoned C1.
  • High-traffic location at War Memorial, Sterling, and Glen Avenues; 34,200 VPD on War Memorial Drive and 21,500 VPD on Sterling Avenue.
  • Recently renovated (2017, facade & parking lot resealed 2023); Excellent visibility across from Target, Best Buy, and Petco.
  • 6,500 SF of space currently available for lease.

Property Details for 2521 War Memorial Dr

Property type
Restaurants, Other retail properties
RSF (Rentable sq. ft)
23,900 SF
Class
B
Year Built
1960
Buildings
1
Stories
1

Unit(s) available at that property

Space
Unit 2 - End Cap
Size
6,500 SF
Rate per SF
$6.50

Location Insight

City
Peoria
County
Peoria
State
Illinois
Latitude
40.748064462544
Longitude
-89.631464639231
2521 War Memorial Dr, Peoria, Illinois

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2521 War Memorial Dr
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