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2200 W War Memorial Dr 66,202 - 132,404 SF of Retail Space Available in Peoria, IL 61613
HIGHLIGHTS
- Positioned at Northwoods Mall with direct access to I-74
- Surrounded by national retailers and entertainment anchors
- Minutes from Peoria Airport, downtown, and Peoria Lake
- 1.34-acre pad site with frontage on War Memorial Drive
- 173,000 daytime population within 15-minute drive
- Offered in as-is condition for flexible development
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 66,202 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 2nd Floor | 66,202 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 132,404 SF of adjacent space
2nd Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 132,404 SF of adjacent space
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.
SELECT TENANTS AT 2200 W WAR MEMORIAL DR, PEORIA, IL 61613
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- American Eagle
- Unisex Apparel
- 908
- International
- Champs Sports
- Sporting Goods
- 512
- International
- FYE
- Music/Video/Games
- 367
- National
- Maurices
- Ladies' Apparel
- 1,049
- International
- Pink By Vs
- Ladies' Apparel
- 987
- International
- rue21
- Unisex Apparel
- 452
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| American Eagle | Unisex Apparel | 908 | International |
| Champs Sports | Sporting Goods | 512 | International |
| FYE | Music/Video/Games | 367 | National |
| Maurices | Ladies' Apparel | 1,049 | International |
| Pink By Vs | Ladies' Apparel | 987 | International |
| rue21 | Unisex Apparel | 452 | National |
PROPERTY FACTS
| Total Space Available | 132,404 SF | Gross Leasable Area | 148,655 SF |
| Property Type | Retail | Total Land Area | 9.90 AC |
| Property Subtype | Department Store | Year Built | 1983 |
| Total Space Available | 132,404 SF |
| Property Type | Retail |
| Property Subtype | Department Store |
| Gross Leasable Area | 148,655 SF |
| Total Land Area | 9.90 AC |
| Year Built | 1983 |
ABOUT THE PROPERTY
Located in the heart of Peoria’s dominant retail corridor, the Northwoods Mall Anchor & Pad Site offers a rare opportunity to establish a flagship presence in a high-traffic, high-visibility location. Situated at 2200 W War Memorial Drive, this site includes a 1.34-acre pad with direct frontage to one of the city’s busiest thoroughfares, boasting 24,000 vehicles per day and immediate access to I-74 and I-474, which see an additional 40,000 VPD. The property is anchored by Northwoods Mall and surrounded by a robust mix of national retailers including JC Penney, Hibbett, Tilted 10, Burlington, Ross, Petco, ULTA, and Guitar Center. This dynamic co-tenancy ensures consistent foot traffic and brand synergy. The site is minutes from downtown Peoria, Peoria International Airport, and Peoria Lake, making it highly accessible to both local residents and regional visitors. Demographics within a 5-mile radius include nearly 118,000 residents and over 50,000 households, with average household incomes approaching $80,000. The area benefits from a daytime population of 173,000 within a 15-minute drive, making it ideal for retailers, restaurants, and service providers seeking exposure in a thriving commercial hub. Offered in as-is condition, the site provides flexibility for build-to-suit or redevelopment opportunities. Whether for a freestanding retail concept, drive-thru, or flagship store, this location delivers unmatched visibility, access, and consumer reach in central Illinois.
- Signage
NEARBY MAJOR RETAILERS
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2200 W War Memorial Dr
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