1910 S Mount Zion Rd | Decatur, IL 62521
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- LoopNet Team
1910 S Mount Zion Rd
Decatur, IL 62521
Runway Strip Center · Retail Property For Sale
Investment Highlights
- Established Tenant Mix: Anchored by national brands like Jimmy John’s, Buffalo Wild Wings, H&R Block, and Hangar Orthopedics
- Strong Net Leases: Tenants cover property taxes, insurance, and maintenance, reducing management responsibilities for investors
- Strategic Location: Prominently located in a busy Decatur retail corridor near major thoroughfares, providing visibility and accessibility
- High Occupancy Rate: Currently 89% occupied, ensuring cash flow and leaving room for a value add opportunity
- Annual Rent Increases: Built-in 2% annual rent escalations at minimum across current leases offer a hedge against inflation
- Management fee: Tenants pay a ten percent management fee on CAM expenses, providing additional income
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
8,712 SF
Building Class
C
Year Built
2010
Percent Leased
89%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
0.97 AC
Zoning
MUNICIPAL
Parking
52 Spaces (5.97 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $549,641 | |
| Land Assessment | $402,179 | Total Assessment | $951,820 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$402,179
Improvements Assessment
$549,641
Total Assessment
$951,820
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