Northwoods Mall

2200 W War Memorial Dr Peoria, IL 61613

2200 W War Memorial Dr, Peoria, IL, 61613
2200 W War Memorial Dr, Peoria, IL, 61613
FOR LEASE
Property Type:
Regional Center
Amount:
Please Call Broker for Price

Last Verified:
Nov 15, 2024

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Description

Retail space available for lease at Northwoods Mall, a one-stop destination for shopping, entertainment, dining, and great deals.
Constructed in 1973 and ideally located in the center of town at the corner of War Memorial Drive and Scenic Drive. Directly adjacent to the I-74 highway access on Sterling Ave.
Northwoods mall is a two level, climate controlled indoor mall anchored by JC Penney and is comprised over 90 specialty stores onsite including a mix of local small business owners and larger national brands like Victoria Secret, American Eagle Outfitters and Finish Line among others.
Former Round One Entertainment Center anchor space available. Includes a fully equipped commercial kitchen, a 14 lane bowling alley, and a large open area available for a variety of entertainment uses.
Spaces range from 1,050 SF up to 79,318 SF
General retail spaces available as well as restaurant opportunities within the food court.
Competitive rental rates and leasing incentives available.

NORTHWOODS SUB SE 1/4 SEC 19 & NE 1/4 SEC 30-9N-8E LOT 1 (EXC TRACT AS DESC PER DOC 73-16119); ALSO LOTS 4-5; ALSO THAT PT LOT 7 AS DESC PER DOC 73-16120


Year Built: 1972
Building Size: 574910sq ft
Lot Size: 37.12 acres


Documents

Northwoods Mall Brochure_JUNE2024.pdf

Units for Lease

Suite EL15B
Space Available: 7018 SF
Lease Type: Gross
Suite DL07
Space Available: 3588 SF
Lease Type: Gross

Price Per Sqft/Year: $15.00
Suite DU17C
Space Available: 1030 SF
Lease Type: Gross

Price Per Sqft/Year: $15.00
Suite BL01A
Space Available: 3841 SF
Lease Type: Gross

Price Per Sqft/Year: $15.00
Suite XBB
Space Available: 79318 SF
Lease Type: Gross

Map of 2200 W War Memorial Dr, Peoria, IL, 61613

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.