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 Nov 18, 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.

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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.

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Contact Listing Broker

broker

Ryan Schulten

CP Partners