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    2008 Mount Zion Rd Decatur, IL 62521

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    For Lease
    $12 SF/Yr ($3,500 /Mo)

    Redeveloped plaza with versatile spaces for retail, restaurant, and more.

    Property size:
    3,500 SF
    Lot size:
    8.24 Acres

    Property Features for 2008 Mount Zion Rd

    General Information

    Size
    3,500 SF
    Lot size
    8.24 Acres

    Source: Main Place Real Estate Agent Zane Peterson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Retail Plaza on Route 121

    The redeveloped Centre 121 is located on Illinois Route 121 in the retail corridor of Southeast Decatur. The location benefits from a daily traffic count exceeding 13,500 vehicles per day. The plaza offers a range of lease spaces suitable for retailers, restaurants, medical facilities, or entertainment businesses. Current tenants include Dollar Tree, T-Mobile, Famous Liquors, Marina Spa, Vapor Maven, Del Carmen's Pizza, Royal International Buffet, and Pride Cleaners. Neighboring retailers include Rural King, Jimmy Johns, AT&T, Edward Jones, Take 5, and Seven Brew Coffee. A new Starbucks is scheduled for completion in 2024. Centre 121 is located in a growing area of Decatur, Illinois, with proximity to the suburbs of Mt. Zion and Long Creek. Lease rates start at $12 per square foot NNN, with spaces delivered in current condition. One available space offers 3,500 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Macon
    State
    Illinois
    Longitude
    -88.8768213
    Latitude
    39.8182961

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    FAQs

    What type of property is this?
    Shopping center - Redeveloped plaza with versatile spaces for retail, restaurant, and more.
    Where is this shopping center located?
    The property is located at 2008 Mount Zion Rd Decatur, IL.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Prime location on Illinois Route 121 with high daily traffic (13,500+ vehicles).; - Versatile lease spaces suitable for retail, restaurant, medical, or entertainment businesses.; - Competitive lease rates starting at $12/psf NNN.
    (217) 454-8800
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    2008 Mount Zion Rd Decatur, IL 62521
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    Decatur, IL 62521
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2008 Mount Zion Rd Decatur, IL 62521
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