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Retail/Office Space in New Center
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232 W MOUND RD, Decatur, IL 62526

Approximately 1,500 SF suite in a newly built center across from Target with ample parking and Mound Road exposure.

Space Size5,000 SF
Days on Market65

Property Features for 232 W MOUND RD

General Information

Standard status Active
Size 5,000 SF
Property subtype Retail

Site & Location

Traffic Count 9,200 vehicles/day
Highway Access Yes

Building Details

Building Size 5,000 SF
Tenancy Single

Spaces For Lease

at 232 W MOUND RD Contact us

Space 1

Size
5,000 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Main Place Real Estate
Listed By: Zane Peterson · License #471020044
Source: Crexi
Added: Jun 8 Changed: Aug 8 Last Checked: Aug 10 at 4:20PM

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 Main Place Real Estate

Investment Insights

Based on property information with market context.

The space offers approximately 1,500 square feet within a newly constructed retail center at 232 W Mound Road. It is positioned to serve both retail and office-style needs, with flexibility noted for retail, service, office, medical, or specialty users. The offering includes ample parking for customer and employee access.

The suite is directly across from Target and is surrounded by national retailers and restaurants, supporting day-to-day consumer activity in the corridor. The property also lists exposure to approximately 9,200 vehicles per day along Mound Road, with convenient access to I-72 and Route 51.

This location and configuration can be a practical fit for tenants seeking a visible storefront presence or a professional space in an active retail environment. With co-tenancy and parking called out as part of the center’s setup, the space is intended to support consistent customer access and straightforward visits for service-based and daily-use businesses.

Key Highlights

  • Approximately 1,500 SF retail/office suite available for lease in a newly constructed retail center
  • Located at 232 W Mound Road, directly across from Target
  • Surrounded by national retailers and restaurants with daily consumer traffic

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Repair Shop Big Box & Wholesale Store Law Firm Hair Salon

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

9,200 VPD
Traffic count
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

79
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

$15.27 /SF/Yr
Avg Asking Price
$11.27–$24 /SF/Yr
Price Range
3,839 SF
Avg Space Size

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?
Retail space - Approximately 1,500 SF suite in a newly built center across from Target with ample parking and Mound Road exposure.
Where is this retail space located?
The property is located at 232 W MOUND RD Decatur, IL.
What are key features of this property?
This property features: Approximately 1,500 SF retail/office suite available for lease in a newly constructed retail center; Located at 232 W Mound Road, directly across from Target; Surrounded by national retailers and restaurants with daily consumer traffic
(217) 454-8800 Call to check price and availability
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