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Retail Storefront in New Center
For Lease
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176 W Mound Rd, Decatur, IL 62526

Lease a newly constructed storefront in an active retail corridor across from Target.

Space Size1,500 SF
Days on Market98

Property Features for 176 W Mound Rd

General Information

Standard status Active
Size 1,500 SF
Property subtype RETAIL

Spaces For Lease

at 176 W Mound Rd Contact us

232 West Mound Rd

Floor
1
Size
1,500 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Position your business in one of Decatur's most active retail corridors. This approximately...
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Listing Agency: Main Place Real Estate
Listed By: Zane Peterson · License #471020044
Source: Moodyscre
Added: Jun 9 Changed: Sep 7 Last Checked: Sep 13 at 10:43AM

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.

The space available for lease is an approximately 1,500-square-foot storefront located within a newly constructed retail center. The offering is designed for retail users looking for a dedicated commercial footprint in a modern development.

The property is located at 176 W Mound Rd in Decatur, IL, positioned directly across from Target. It is surrounded by national retailers and restaurants, contributing to consistent daily consumer traffic and straightforward shopping-area accessibility.

For tenants seeking a high-visibility location for retail operations, this storefront provides an on-site presence in a newer center alongside established retail draws. Its placement across from a major anchor and within a concentrated mix of retailers and dining supports everyday foot traffic and convenient access for customers.

Key Highlights

  • Approx. 1,500 SF commercial space available for lease in a newly constructed retail center at 232 W Mound Road
  • Storefront located directly across from Target
  • Surrounded by national retailers, restaurants, and daily consumer traffic

Property Analytics

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Current Use

Rebecca Martin, PA-C Physician Kathryn Naron, APRN Physician Randi Rigsby, APRN Physician HSHS Medical Group ... Medical Clinic Kelly Slade, APRN Physician

Suggested Use

Top Pick Real Estate Agency Building Supply Parking Lot & Garage Hair Salon HVAC Service Electrical Service

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

Location Intelligence

Trade Area within ½ mile

220
Businesses Nearby
131k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Superstores 50% Dining 30% Shops & Services 15% Electronics 4%
Target Superstores
65,391 visits/mo 0.2 miles
Starbucks Dining
21,605 visits/mo 0.1 miles
Thorntons Shops & Services
19,592 visits/mo 0.4 miles
Olive Garden Dining
17,094 visits/mo 0.0 miles
Verizon Electronics
4,736 visits/mo 0.1 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - Lease a newly constructed storefront in an active retail corridor across from Target.
Where is this shopping center located?
The property is located at 176 W Mound Rd Decatur, IL.
What are key features of this property?
This property features: Approx. 1,500 SF commercial space available for lease in a newly constructed retail center at 232 W Mound Road; Storefront located directly across from Target; Surrounded by national retailers, restaurants, and daily consumer traffic
(217) 454-8800 Call to check price and availability
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