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Multi-Story Office Building Suites
For Lease
$16 SF/Yr

2 News Plaza, Peoria, IL 61614

Office space available on the 1st and 2nd floors with direct access from a parking deck.

Space Size6,822 SF - 11,053 SF
Property Size38,904 SF
Days on Market73

Property Features for 2 News Plaza

General Information

Standard status Active
Size 6,822 SF - 11,053 SF
Class B
Property subtype Office
Lease Term NNN

Building Details

Building Size 38,904 SF

Spaces For Lease

at 2 News Plaza Contact us

For Lease $16/SF/Yr

Size
11,053 SF
Term
Negotiable
Contact us

For Lease $16/SF/Yr

Size
6,822 SF
Term
Negotiable
Contact us
Listing Agency: Maloof Commercial
Listed By: Madison Maloof · License #IL #475.180439
Source: Maloofcom
Added: Jun 25 Changed: Aug 25 Last Checked: Sep 5 at 7:03AM

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.

This multi-story office building offers available space on both the 1st and 2nd floors, totaling 11,053 sq. ft. on the 1st floor and 6,822 sq. ft. on the 2nd floor. The building features expansive windows for abundant natural light and provides direct access from the parking deck. Flexible floor plan options are available, and the spaces include river views.

The property is located at 2 News Plaza in Peoria, IL, with secure and ample parking available for tenants and visitors. The combined access, daylighting, and view amenities support a professional workplace environment.

Suites can be configured with flexible floor plan options, making the space workable for a range of office layouts while maintaining a bright, windowed interior experience.

Key Highlights

  • 11,053 sq. ft. on the 1st floor and 6,822 sq. ft. on the 2nd floor office space available
  • Direct access to the offices from the parking deck
  • Expansive windows providing abundant natural light

Property Analytics

Current Use

Hometown Productions Marketing & Advertising

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Big Box & Wholesale Store Dental Office Spa & Massage Center

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

78
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

$10.63 /SF/Yr
Avg Asking Price
$0.33–$18 /SF/Yr
Price Range
7,672 SF
Avg Space Size

This space is priced 50% above the average of $10.63 /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 - Office space available on the 1st and 2nd floors with direct access from a parking deck.
Where is this office units located?
The property is located at 2 News Plaza Peoria, IL.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: 11,053 sq. ft. on the 1st floor and 6,822 sq. ft. on the 2nd floor office space available; Direct access to the offices from the parking deck; Expansive windows providing abundant natural light
More about this property
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