Runway Strip Center

1910 Mount Zion Road, Decatur, IL 62521

  • For Sale $2,824,438
  • Property Type Retail - Strip
  • Property Size 8,712 SF
  • Units 6
  • Lot Size 0.97 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 2010
  • Date Updated Dec 11, 2024
-Runway Strip Center is a highly-trafficked retail strip located within immediate proximity to the entrance of the regional Decatur Airport. Featuring shallow-depth small footprint spaces and end cap drive-thru/to go national anchor tenants, the center is experiencing positive leasing momentum with the recent addition of Buffalo Wild Wings GO and additional leasing activity. The center has a high visibility location to a state highway and airport on a signalized intersection.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Attachments

Highlights

  • Established Tenant Mix: Anchored by national brands like Jimmy John’s, Buffalo Wild Wings, H&R Block, and Hangar Orthopedics
  • High Occupancy Rate: Currently 89% occupied, ensuring cash flow and leaving room for a value add opportunity
  • Strong Net Leases: Tenants cover property taxes, insurance, and maintenance, reducing management responsibilities for investors
  • Annual Rent Increases: Built-in 2% annual rent escalations at minimum across current leases offer a hedge against inflation
  • Strategic Location: Prominently located in a busy Decatur retail corridor near major thoroughfares, providing visibility and accessibility
  • Management fee: Tenants pay a ten percent management fee on CAM expenses, providing additional income

Contacts

broker
Ryan Schulten

CP Partners

Location

Getting Around

  • Walk Score ®

    46/100 Car-Dependent

  • Bike Score ®

    39/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Decatur, IL
  • Neighborhood Muffley
  • Zip Code 62521

Points of Interest

  • BP

    0.14 miles

  • Kroger

    0.19 miles

  • Huck's Food & Fuel

    3.06 miles

  • Circle K

    4.19 miles

  • County Market Express

    5.14 miles

  • Corner Gas Station

    5.18 miles

  • Mobil

    5.34 miles

  • Casey's General Store

    5.44 miles

  • Marathon;Circle K

    6.21 miles

  • Gaitros Aviation FBO

    1.05 miles

  • Lot M5

    5.19 miles

  • Lot M1

    5.22 miles

  • Lot M2

    5.24 miles

  • Lot M3

    5.24 miles

  • Lot M4

    5.26 miles

  • Lot M10

    5.36 miles

  • Lot M8

    5.44 miles

  • Lot M9

    5.45 miles

  • Lot M7

    5.51 miles

  • Jimmy John's

    0.01 miles

  • McDonald's

    0.06 miles

  • Arby's

    0.08 miles

  • Taco Bell

    0.11 miles

  • La Gondola Spaghetti House

    0.18 miles

  • DQ Grill & Chill

    0.19 miles

  • Royal International Buffet

    0.19 miles

  • Dos Amigos

    0.21 miles

  • Monical's Pizza

    0.23 miles

  • Steak 'n Shake

    0.28 miles

  • ALDI

    0.21 miles

  • Kroger

    0.24 miles

  • Walmart Supercenter

    0.29 miles

  • Save-A-Lot

    3.05 miles

  • County Market

    5.17 miles

  • Target

    6.51 miles

  • Kohl's

    8.03 miles

  • Von Maur

    8.05 miles

  • Hickory Point Mall

    8.08 miles

Frequently Asked Questions

How much does Runway Strip Center cost?

The space currently listed for sale at Runway Strip Center asks for $2,824,438.

What is the total square footage of Runway Strip Center?

Runway Strip Center totals 8,712 square feet.

When was this property built?

Runway Strip Center was built in 2010.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
Ryan Schulten

CP Partners