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Ground Lease 1340 Hickory Point Dr

0.87 Acres of Commercial Land for Lease in Forsyth, IL 62535

Highlights

  • Ground Lease or BTS opportunity positioned at Interstate 72 exit and out-lot to Hickory Point Mall, Decatur Illinois’ full service shopping mall
  • Hard Corner access at first traffic signal located approximately 1/2 mile north of I-72.
  • Positioned between Panda Express and Taco Bell
  • +/- 38,000 SF site can accommodate FSDT, QSR, full-service restaurant, automotive and more!
  • Great visibility, access, and market positioning with impressive traffic counts.
  • Signalized Intersection / Easy access to I-72

Lot Available

Display Rental Rate as

Rental Rate
  • Upon Request
  • Upon Request
  • Upon Request
  • Upon Request
  • Upon Request
  • Upon Request
Lease Term Negotiable
Lot Size 0.87 AC

Property Overview

Prime ground lease or build-to-suit (BTS) opportunity located at the Interstate 72 exit and out lot to Decatur, Illinois' main shopping hub, Hickory Point Mall. The approximately 38,000 SF site offers versatility for Fast-Service Dining (FSDT), Quick-Service Restaurants (QSR), full-service restaurants, automotive services, and more. Benefit from hard corner access at the first traffic signal, just half a mile north of I-72, ensuring excellent visibility and market positioning with impressive traffic counts. The site is strategically positioned between Panda Express and Taco Bell, within the bustling retail corridor hosting renowned brands such as Kohl’s, T.J. Maxx, Von Maur, Hobby Lobby, Lowes, Starbucks, McDonald's, Best Buy, Pet Smart, Xfinity, Texas Roadhouse, Applebee’s, and others. Enjoy proximity to Hickory Point Mall, a signalized intersection, and convenient access to Interstate 72.

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Fast Food
  • General Freestanding
  • Restaurant
  • Listing ID: 30442913

  • Date on Market: 12/26/2023

  • Last Updated:

  • Address: 1340 Hickory Point Dr, Forsyth, IL 62535

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