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Office Building Near Major Artery
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1 News Plaza, Peoria, IL 61643

Available office space across multiple levels with river views and a large on-site parking lot.

Space SizeContact for details
Property Size182,175 SF
Days on Market51

Property Features for 1 News Plaza

General Information

Standard status Active
Size 182,175 SF
Class B
Property subtype Multi Tenant Office

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Building Size 182,175 SF
Listing Agency: Maloof Commercial Real Estate Company
Listed By: Zac Maloof · License #475139281
Source: Thebrokerlist
Added: Jul 3 Changed: Aug 14 Last Checked: Aug 22 at 3:32AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Maloof Commercial Real Estate Company

Investment Insights

Based on property information with market context.

This office building offers flexible availability from 5,000 to 60,000 square feet, with space available on all levels. Many suites feature great river views, and tenants will have access to a common kitchen or cafeteria area to support day-to-day operations. The property also includes a large on-site parking lot for on-site convenience.

The building is located near the McCluggage Bridge, just off US Route 150. Route 150 is described as a key artery for travel in and out of Peoria, connecting to US 24 and Route 116. The property is also stated to be minutes from Peoria Heights.

For prospective tenants, the multi-level layout and on-site parking can support a range of office users seeking space with views and shared amenity access. The availability across levels may also help accommodate teams with different space needs within a single building. This offering is available for rent, with the full suite of options reflected in the stated 5,000 to 60,000 square foot range.

Key Highlights

  • Office space available from 5,000 SF up to 60,000 SF across multiple levels
  • Great river views from many suites
  • Common kitchen/cafeteria area

Property Analytics

Current Use

Journal Star Publishing House Pekin Daily Times Publishing House Times News-Reporter Publishing House

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Dental Office Building Supply Restaurant Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

100
Businesses Nearby

Market

Lease Benchmarks for Peoria, IL

$19.53 /SF/Yr
Avg Asking Price
$7–$107 /SF/Yr
Price Range
6,251 SF
Avg Space Size

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Available office space across multiple levels with river views and a large on-site parking lot.
Where is this office units located?
The property is located at 1 News Plaza Peoria, IL.
What are key features of this property?
This property features: Office space available from 5,000 SF up to 60,000 SF across multiple levels; Great river views from many suites; Common kitchen/cafeteria area
More about this property
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