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Second-Floor Open Office Space
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1 News Plz, Peoria, IL 61614

Entire 2nd-floor open office space with direct access from the parking deck and natural light from floor-to-ceiling windows.

Property Size6,822 SF
Days on Market472

Property Features for 1 News Plz

General Information

Standard status Active
Size 6,822 SF
Net Rentable 7,900 SF
Property subtype OFFICE
Lease Type SF/yr

Space & Availability

Available Space 7,900 SF
Contiguous Space 7,900 SF
Floor 2
Space Use Office

Amenities

direct access from parking deck
natural light
river views
Listing Agency: Maloof Commercial
Listed By: Madison Maloof · License #475180439
Source: Moodyscre
Added: Apr 15, 2025 Changed: Jul 30 Last Checked: Jul 30 at 9:49AM

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

Investment Insights

Based on property information with market context.

Second-floor open office space totaling 7,900 SF, offered as the entire 2nd floor. The layout is set up for an open office environment with natural light brought in through walls of windows.

Access is direct from the parking deck, making arrivals and day-to-day movement convenient for employees and visitors. Large window lines also support daylighting throughout the space.

The space is described as providing great river views, adding a strong visual amenity for an office setting. This offering is positioned for an organization looking to occupy an entire floor with straightforward parking-deck access and ample window exposure.

Key Highlights

  • 7,900 SF open office space
  • Entire 2nd floor
  • Direct access from parking deck

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

NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

110
Businesses Nearby

Demographics for 61614, IL

27,119
Population
13,870
Households
2
Avg Household Size
41
Median Age
46%
College-Educated
97%
High-School Grad
12.0 sq mi
ZIP Area
2,260
Density / Sq Mi
$68,379
Median Household Income
$46,540
Median Earnings
$948
Median Rent
$169,700
Median Home Value

Market

Lease Benchmarks for Peoria, IL

$21.87 /SF/Yr
Avg Asking Price
$7–$107 /SF/Yr
Price Range
10,509 SF
Avg Space Size

This space is priced 27% below the average of $21.87 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Entire 2nd-floor open office space with direct access from the parking deck and natural light from floor-to-ceiling windows.
Where is this office units located?
The property is located at 1 News Plz Peoria, IL.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: 7,900 SF open office space; Entire 2nd floor; Direct access from parking deck
(309) 693-3000 Call to check price and availability
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