Two-Tenant Retail Shopping
For Sale
Contact for pricing
2200 W War Memorial Dr, Peoria, IL 61615
Fee simple opportunity featuring two leased tenants anchored at Northwoods Mall in Peoria.
Property SizeContact for details
Days on Market121
Property Features for 2200 W War Memorial Dr
General Information
Standard status
Active
Property subtype
Retail
Occupancy
100%
Site & Location
Traffic Count
26,500 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Business Included
Yes
Building Details
Tenancy
Multi
Listing Agency:
Forged Real Estate
(610) 608-2621
Listed By:
Marc Mandel · License #NJ
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 20 at 8:48PM
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 Forged Real Estate
Investment Insights
Based on property information with market context.
This fee simple offering includes a two-tenant retail property leased to The Roomplace and Round One, with both tenants anchoring Northwoods Mall. The Roomplace lease has approximately five years remaining on the base term, and Round One has approximately six and a half years remaining on the base term. Each lease provides for 10% rental increases every five years, and includes two five-year options for both tenants.
The properties are positioned along W War Memorial Dr/U.S. Route 150 with stated daily traffic of 26,500 VPD, benefiting from visibility just off the highway’s junction with Interstate 74, which is stated at 32,600 VPD. The property’s access supports the surrounding transportation network serving a population of over 111,000.
The information provided also highlights commercial density within a five-mile radius, totaling 38.1 million square feet of commercial space across retail, industrial, and office categories.
The properties are positioned along W War Memorial Dr/U.S. Route 150 with stated daily traffic of 26,500 VPD, benefiting from visibility just off the highway’s junction with Interstate 74, which is stated at 32,600 VPD. The property’s access supports the surrounding transportation network serving a population of over 111,000.
The information provided also highlights commercial density within a five-mile radius, totaling 38.1 million square feet of commercial space across retail, industrial, and office categories.
Key Highlights
- Fee simple acquisition of a two‑tenant property leased to The Roomplace and Round One in Peoria, IL.
- Both tenants anchor Northwoods Mall (694,000 SF), with 2.5 million visits in the last 12 months (per Placer.ai).
- The Roomplace lease has approx. 5 years of base term remaining; Round One has approx. 6.5 years of base term remaining.
Property Analytics
Current Use
Lease Details
26,500 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
939
Businesses Nearby
435k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 48%
Shops & Services 28%
Apparel 12%
Groceries 9%
Chick-fil-A
Dining
51,130 visits/mo
0.2 miles
Binny's Beverage Depot
Groceries
38,572 visits/mo
0.3 miles
Portillo's
Dining
32,015 visits/mo
0.2 miles
McDonald's
Dining
27,730 visits/mo
0.2 miles
Burlington
Apparel
26,710 visits/mo
0.3 miles
Demographics for 61615, IL
24,314
Population
11,334
Households
2.1
Avg Household Size
38
Median Age
53%
College-Educated
98%
High-School Grad
29.6 sq mi
ZIP Area
821
Density / Sq Mi
$82,157
Median Household Income
$50,165
Median Earnings
$1,079
Median Rent
$206,800
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Shopping center - Fee simple opportunity featuring two leased tenants anchored at Northwoods Mall in Peoria.
Where is this shopping center located?
The property is located at 2200 W War Memorial Dr Peoria, IL.
What are key features of this property?
This property features: Fee simple acquisition of a two‑tenant property leased to The Roomplace and Round One in Peoria, IL.; Both tenants anchor Northwoods Mall (694,000 SF), with 2.5 million visits in the last 12 months (per Placer.ai).; The Roomplace lease has approx. 5 years of base term remaining; Round One has approx. 6.5 years of base term remaining.
