Retail Space in Shopping
For Lease
$1,000/Mo
2915 N Main Street, Decatur, IL 62526
Approximately 1,065 SF retail space in Decatur’s Northland Shopping Center with high-traffic frontage on N Water Street.
Space Size1,065 SF
Days on Market893
Property Features for 2915 N Main Street
General Information
Standard status
Active
Size
1,065 SF
Net Rentable
1,065 SF
Total Parking Spaces
5
Zoning
COM
Space & Availability
Available Space
1,065 SF
Contiguous Space
1,065 SF
Space Use
Retail
Additional Details
Traffic Count
13,000 vehicles/day
Taxes and HOA fees
Annual Taxes
$61,959
Building Details
Year Built
1960
Stories
1
Listing Agency:
Main Place Real Estate
(217) 422-3335
Listed By:
Zane Peterson · License #471020044
Source:
Shelbyrealty
Added: Mar 1, 2024
Changed: Aug 8
Last Checked: Aug 10 at 11:08AM
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.
Approximately 1,065 square feet of retail space is available within Decatur’s popular Northland Shopping Center. The space is positioned south of Pershing Road, between North and South Route 51. The listing notes a highly visible location with over 13,000 vehicles per day on N Water Street.
The property offers a central retail setting with opportunities for business synergies. Build to suit is described as negotiable, allowing for tailored improvements based on tenant needs.
The building was constructed in 1960.
The property offers a central retail setting with opportunities for business synergies. Build to suit is described as negotiable, allowing for tailored improvements based on tenant needs.
The building was constructed in 1960.
Key Highlights
- Approximately 1,065 SF retail space in Decatur’s Northland Shopping Center
- Highly visible frontage on N Water Street with over 13,000 vehicles per day
- Situated south of Pershing Road between North and South Route 51
Property Analytics
Property Profile
Current Use
Lease Details
13,000 VPD
Traffic count
NNN (Triple Net)
Lease Type
$1.69 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
174
Businesses Nearby
130k
Monthly Visits Nearby
Explore this area
Business Placement
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
0.2 miles
Thorntons
Shops & Services
19,592 visits/mo
0.4 miles
Olive Garden
Dining
17,094 visits/mo
0.2 miles
Verizon
Electronics
4,736 visits/mo
0.2 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
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 26% 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 - Approximately 1,065 SF retail space in Decatur’s Northland Shopping Center with high-traffic frontage on N Water Street.
Where is this retail space located?
The property is located at 2915 N Main Street Decatur, IL.
What is the lease rate?
The lease rate is $1,000/Mo.
What are key features of this property?
This property features: Approximately 1,065 SF retail space in Decatur’s Northland Shopping Center; Highly visible frontage on N Water Street with over 13,000 vehicles per day; Situated south of Pershing Road between North and South Route 51
