Retail or Restaurant Space
For Lease
Contact for pricing
1627 E Eldorado St, Decatur, IL 62521
Versatile 1,000 sq ft space suitable for various businesses.
Space Size1,700 SF
Days on Market672
Property Features for 1627 E Eldorado St
General Information
Standard status
Active
Size
1,700 SF
Property subtype
Retail
Lease Type
Gross
Building Details
Building Size
1,700 SF
Year Built
2013
Tenancy
Single
Spaces For Lease
at 1627 E Eldorado St Contact us- Size
- 1,700 SF
- Type
- Retail
- Lease Type
- Gross
- Availability
- Active
Available Space
Listing Agency:
Main Place Real Estate
(217) 454-8800
Listed By:
Zane Peterson · License #471020044
Source:
Crexi
Added: Oct 9, 2024
Changed: Aug 8
Last Checked: Aug 10 at 3:54PM
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 Main Place Real Estate
Investment Insights
Based on property information with market context.
This approximately 1,000 sq. ft. retail or restaurant space is available for lease. Formerly used as a restaurant and gaming cafe, the location is ideally suited for food service due to existing infrastructure and restrooms, but could serve a variety of business uses. It is situated on a corner location along a high-traffic corridor, US RT 36, with a daily traffic count exceeding 15,000 vehicles per day, providing excellent visibility and easy access. Ample parking is available, and the space shares tenancy with a high-volume Subway. The property is in close proximity to major employers, including Premient, CAT, and ADM. This versatile space is ready for customization and could accommodate a new restaurant, entertainment venue, or retail business. The sublandlord is willing to negotiate.
Key Highlights
- Existing restaurant infrastructure with restrooms, ideal for food service businesses.
- High‑traffic location on US RT 36 with over 15,000 vehicles per day, providing excellent visibility and easy access.
- Ample parking for customers and employees.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
91
Businesses Nearby
15k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Circle K
Shops & Services
11,638 visits/mo
0.4 miles
Shell
Shops & Services
3,236 visits/mo
0.2 miles
Demographics for 62521, IL
33,793
Population
16,169
Households
2.1
Avg Household Size
44
Median Age
22%
College-Educated
91%
High-School Grad
66.0 sq mi
ZIP Area
512
Density / Sq Mi
$66,848
Median Household Income
$41,945
Median Earnings
$857
Median Rent
$119,900
Median Home Value
Market
Lease Benchmarks for Decatur, IL
$15.27 /SF/Yr
Avg Asking Price
$11.27–$24 /SF/Yr
Price Range
3,839 SF
Avg Space Size
This space is priced 2% below the average of $15.27 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Versatile 1,000 sq ft space suitable for various businesses.
Where is this retail space located?
The property is located at 1627 E Eldorado St Decatur, IL.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Existing restaurant infrastructure with restrooms, ideal for food service businesses.; High‑traffic location on US RT 36 with over 15,000 vehicles per day, providing excellent visibility and easy access.; Ample parking for customers and employees.
