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M1-Zoned Manufacturing Facility
For Lease
$9.50 SF/Yr

3115 Grand Prix Drive, Decatur, IL 62526

The M1-zoned facility is offered with lease terms open to negotiation.

Space Size9,600 SF
Days on Market14

Property Features for 3115 Grand Prix Drive

General Information

Standard status Active
Size 9,600 SF
Net Rentable 9,600 SF
Zoning M1

Space & Availability

Available Space 9,600 SF
Contiguous Space 9,600 SF
Space Use Industrial

Additional Details

Flexible Term Yes

Taxes and HOA fees

Annual Taxes $15,843
Listing Agency: Main Place Real Estate
Listed By: Zane Peterson · License #471020044
Source: Exprealty
Added: Oct 16 Changed: Oct 25 Last Checked: Oct 28 at 2:08PM

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

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This manufacturing facility at 3115 Grand Prix Drive in Decatur provides 9,600 square feet of industrial space. The property carries an M1 zoning designation and is available for lease, with terms subject to negotiation.

Key Highlights

  • 9,600 square feet available for lease
  • M1 zoning designation
  • Located at 3115 Grand Prix Drive in Decatur, Illinois

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Fastenal Big Box & Wholesale Store

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Bakery (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

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
$1.43 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

395
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Manufacturing property - The M1-zoned facility is offered with lease terms open to negotiation.
Where is this manufacturing property located?
The property is located at 3115 Grand Prix Drive Decatur, IL.
What is the lease rate?
The lease rate is $9.50 SF/Yr.
What are key features of this property?
This property features: 9,600 square feet available for lease; M1 zoning designation; Located at 3115 Grand Prix Drive in Decatur, Illinois
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Includes: Price & PSF · Cap rate · Location · Zoning

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