Brick Office Unit with
New
For Lease
$12 SF/Yr NNN
502 East War Memorial Drive, Peoria, IL 61614
Brick commercial space combines offices, a showroom, warehouse area, restrooms, and monument signage along a major commercial corridor.
Space Size3,475 SF
Days on Market2
Property Features for 502 East War Memorial Drive
General Information
Standard status
Active
Size
3,475 SF
Net Rentable
3,475 SF
Total Parking Spaces
14
Property subtype
Office
Zoning
C-G
Lease Type
NNN
Space & Availability
Available Space
3,475 SF
Contiguous Space
3,475 SF
Space Use
Office
Available From
Immediate
Lease Terms
Lease Rate
$12 /USD/SF/YR
Monthly Rent
$3,475
Rent per SF/Year
$12
Additional Details
Traffic Count
26,500 vehicles/day
Amenities
large monument sign
2 restrooms
Building Details
Building Size
3,475 SF
Year Built
1969
Construction
brick
Listing Agency:
RE/MAX
Listed By:
Jessica Ball · License #475175281
(309) 687-5000
Source:
Remaxcommercial
Added: Sep 16
Last Checked: Sep 16 at 2:54PM
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 RE/MAX
Investment Insights
Based on property information with market context.
This 3,475-square-foot brick commercial building, constructed in 1969, offers a combination of office, showroom, and warehouse areas. The layout includes 2 restrooms and a large monument sign serving the property’s street presence. The space is designated C-G and is available for lease.
Positioned on War Memorial Drive, also identified as U.S. Route 150, the property benefits from reported traffic of 26,500 cars per day. Its mix of finished office and showroom areas with warehouse space supports a range of commercial operations requiring both customer-facing and functional work areas.
Positioned on War Memorial Drive, also identified as U.S. Route 150, the property benefits from reported traffic of 26,500 cars per day. Its mix of finished office and showroom areas with warehouse space supports a range of commercial operations requiring both customer-facing and functional work areas.
Key Highlights
- 3,475‑square‑foot brick commercial building
- Office, showroom, and warehouse areas in one facility
- 2 restrooms included
Property Analytics
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Current Use
Lease Details
26,500 VPD
Traffic count
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
535
Businesses Nearby
Explore this area
Business Placement
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
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Market
Lease Benchmarks for Peoria, IL
$10.32 /SF/Yr
Avg Asking Price
$0.33–$16 /SF/Yr
Price Range
6,459 SF
Avg Space Size
This space is priced 16% above the average of $10.32 /SF/Yr.
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office units - Brick commercial space combines offices, a showroom, warehouse area, restrooms, and monument signage along a major commercial corridor.
Where is this office units located?
The property is located at 502 East War Memorial Drive Peoria, IL.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 3,475‑square‑foot brick commercial building; Office, showroom, and warehouse areas in one facility; 2 restrooms included
