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Decatur Office Space Available
For Lease
$13 SF/Yr

345 E Ash Ave, Decatur, IL 62526

3,900 SF office space in outstanding condition, Decatur, IL.

Space SizeContact for details
Days on Market862

Property Features for 345 E Ash Ave

General Information

Standard status Active
Listing Agency: GUTH & ASSOCIATES, LLC
Listed By: Jill Guth · License #471020488
Source: Exprealty
Added: Apr 11, 2024 Changed: Aug 8 Last Checked: Aug 8 at 6:02AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of GUTH & ASSOCIATES, LLC

Investment Insights

Based on property information with market context.

Located near the intersection of US Rt 51 and Ash Avenue, 345 E Ash Avenue offers 3,900 square feet of office space in outstanding condition. The space is conveniently located on the north side of Decatur with quick access to Interstate 72. This multi-tenant building has ample parking for both employees and customers/visitors. The space is in outstanding condition allowing for quick move into the space and could be subdivided into two, smaller office spaces. The office park is conveniently located near restaurants, retail, and services. The office suite includes a kitchen/breakroom, conference room, large work room, storage room and reception area. There is a dedicated, conditioned IT room within the suite. The space includes 12 spacious offices, allowing room for an entire team to work efficiently and comfortably. The property is located in an established office park with well-maintained landscaping and facilities, with tenants including VitalSkin Dermatology, Springfield Associates, and Lighthouse Autism Center.

Key Highlights

  • 3,900 sq ft of office space in outstanding condition allowing for quick move‑in.
  • Convenient location near US Rt 51 and Ash Avenue with quick access to Interstate 72.
  • Ample parking for employees, customers, and visitors.

Property Analytics

Current Use

AECOM Engineering Consultant Kingston Rodney MD Physician Dothager Aurelia Family Counselor Grabowksi Geniel Family Counselor Gadlage Belva Family Counselor

Suggested Use

Top Pick Law Firm Real Estate Agency Auto Repair Shop Parking Lot & Garage Kitchen & Bath Showroom Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.95 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

273
Businesses Nearby

Demographics for 62526, IL

31,758
Population
16,425
Households
1.9
Avg Household Size
41
Median Age
20%
College-Educated
92%
High-School Grad
66.0 sq mi
ZIP Area
481
Density / Sq Mi
$48,222
Median Household Income
$39,048
Median Earnings
$785
Median Rent
$91,500
Median Home Value

Market

Lease Benchmarks for Decatur, IL

$12.64 /SF/Yr
Avg Asking Price
$10–$15.25 /SF/Yr
Price Range
3,380 SF
Avg Space Size

This space is priced 3% above the average of $12.64 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - 3,900 SF office space in outstanding condition, Decatur, IL.
Where is this office units located?
The property is located at 345 E Ash Ave Decatur, IL.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: 3,900 sq ft of office space in outstanding condition allowing for quick move‑in.; Convenient location near US Rt 51 and Ash Avenue with quick access to Interstate 72.; Ample parking for employees, customers, and visitors.
More about this property
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