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    300-322 E War Memorial Dr Peoria, IL 61614

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    For Lease
    $12 SF/Yr ($2,239 /Mo)

    Office space for lease with high traffic and visibility.

    Property size:
    2,150 SF
    Lot size:
    0.90 Acres

    Property Features for 300-322 E War Memorial Dr

    General Information

    Size
    2,150 SF
    Lot size
    0.90 Acres

    Source: Joseph & Camper Commercial Agent Will Hayes

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    War Memorial Drive Office Space

    Office space is available for lease on War Memorial Drive. The main level space offered is 2,150 square feet and can be divided to offer spaces from 1,500 square feet down to 700 square feet. The available space is located directly off the front entrance to the building. The property is located directly across the street from Peoria Stadium. A pylon sign out front on War Memorial offers visibility from the main road. Traffic counts are 27,600 CPD.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.5891761
    Latitude
    40.731231

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    FAQs

    What type of property is this?
    Office space - Office space for lease with high traffic and visibility.
    Where is this office space located?
    The property is located at 300-322 E War Memorial Dr Peoria, IL.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - High visibility with pylon sign on War Memorial Dr. and 27,600 CPD traffic count.; - Flexible space options: 2,150 SF, divisible to 1,500 SF or 700 SF.; - Lease incentives: 3 months free (3-year lease) or 5 months free (5-year lease) if signed by September 1, 2023.
    (309) 643-0717
    Request Owner's contact information
    300-322 E War Memorial Dr Peoria, IL 61614
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    Peoria, IL 61614
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    300-322 E War Memorial Dr Peoria, IL 61614
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