Manufacturing Facility with Absolute NNN
For Sale
Contact for pricing
1674 N Clinton St, Decatur, IL 62526
Sale-leaseback offering with corporate lease guarantees, renewal options, and no landlord responsibilities.
Property Size45,950 SF
Lot Size6.00 Acres
Days on Market143
Property Features for 1674 N Clinton St
General Information
Standard status
Active
Size
45,950 SF
Lot size
6.00 Acres
Property subtype
Industrial
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Building Size
45,950 SF
Tenancy
Single
Listing Agency:
Fortis Net Lease
(248) 254-3406
Listed By:
Doug Passon · License #MI 6502361821
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 29 at 1:20PM
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 Fortis Net Lease
Investment Insights
Based on property information with market context.
This manufacturing facility contains 45,950 square feet across a six-acre site at 1674 N. Clinton St. in Decatur, Illinois. Mason Manufacturing Company produces custom steel products and provides precision machining services, with operations in the steel fabrication industry dating to 1985.
A new corporate-guaranteed lease from Fidelis Holdings Co. is scheduled to begin at closing under an absolute NNN structure, with zero landlord responsibilities. The lease includes four 5-year renewal options and 2.0% annual rent increases. The property is positioned just northeast of downtown Decatur and less than one mile from US 36, an east-west highway serving central Illinois.
A new corporate-guaranteed lease from Fidelis Holdings Co. is scheduled to begin at closing under an absolute NNN structure, with zero landlord responsibilities. The lease includes four 5-year renewal options and 2.0% annual rent increases. The property is positioned just northeast of downtown Decatur and less than one mile from US 36, an east-west highway serving central Illinois.
Key Highlights
- 45,950‑square‑foot manufacturing facility on six acres
- New corporate‑guaranteed lease from Fidelis Holdings Co.
- Absolute NNN structure with zero landlord responsibilities
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
281
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Sale-leaseback offering with corporate lease guarantees, renewal options, and no landlord responsibilities.
Where is this manufacturing property located?
The property is located at 1674 N Clinton St Decatur, IL.
What are key features of this property?
This property features: 45,950‑square‑foot manufacturing facility on six acres; New corporate‑guaranteed lease from Fidelis Holdings Co.; Absolute NNN structure with zero landlord responsibilities
