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    1146 Hickory Point Mall Forsyth, IL 62535

    For Lease
    Contact for pricing

    Decatur, IL Retail Opportunity: 27 Spaces Available

    Lot size:
    808,623 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Hickory Point Mall presents a significant retail leasing opportunity in Macon County, Illinois, on the outskirts of Decatur. This enclosed mall boasts 808,623 square feet of total space, with 339,548 square feet currently vacant. Spaces range from a minimum of 528 square feet to a maximum contiguous space of 100,149 square feet, offering flexibility for various retail concepts. The mall enjoys a prime location immediately adjacent to the Interstate 72 and US Route 51 interchange, ensuring high visibility and accessibility. Benefit from a strong co-tenancy with national retailers such as Menard's, Lowe's, Best Buy, Target, Sam's Club, and Walmart, all located within close proximity. Major tenants within the mall include Kohl's, Von Maur, Hobby Lobby, Ross, TJ Maxx, and Ulta, creating a robust and established retail environment. US Route 51 experiences a high traffic count of 26,690 vehicles per day. A pad site is also available for lease. This exceptional location and strong tenant mix provide an unparalleled opportunity for growth and success in the Decatur market. The property offers multiple tenancy options.

    Property Features for 1146 Hickory Point Mall

    General Information

    Property type
    Shopping malls
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    808,623 SF

    Unit(s) available at that property

    Space
    1040
    Size
    3,008 SF
    Space
    1045
    Size
    1,220 SF
    Space
    1095
    Size
    1,000 SF
    Space
    1110
    Size
    5,526 SF
    Space
    1130
    Size
    8,892 SF
    Space
    1135
    Size
    3,438 SF
    Space
    1150
    Size
    9,361 SF
    Space
    1185
    Size
    1,471 SF
    Space
    1190
    Size
    1,000 SF
    Space
    1195
    Size
    1,500 SF
    Space
    1210
    Size
    528 SF
    Space
    1215
    Size
    7,762 SF
    Space
    1225
    Size
    3,000 SF
    Space
    1230
    Size
    3,720 SF
    Space
    1235
    Size
    3,425 SF
    Space
    1238
    Size
    6,150 SF
    Space
    1255
    Size
    6,831 SF
    Space
    1300
    Size
    2,630 SF
    Space
    1305
    Size
    2,102 SF
    Space
    1320
    Size
    1,664 SF
    Space
    1325
    Size
    2,450 SF
    Space
    1365
    Size
    2,271 SF
    Space
    1375
    Size
    4,920 SF
    Space
    1005 - Anchor
    Size
    125,456 SF
    Space
    1205 - Anchor
    Size
    100,149 SF
    Space
    1240A - Anchor
    Size
    40,659 SF
    Space
    1120
    Size
    5,606 SF

    HighLights

    • Enclosed mall retail space totaling 808,623 square feet available for lease; 339,548 square feet currently vacant.
    • Prime location at the I‑72 and US Route 51 interchange.
    • Strong co‑tenancy with national retailers such as Menard's, Lowe's, Best Buy, Target, Sam's Club, and Walmart.
    • Located in Macon County, Illinois, on the outskirts of Decatur.
    • Major tenants include Kohl's, Von Maur, Hobby Lobby, Ross, TJ Maxx, and Ulta.
    • High traffic count: 26,690 vehicles per day on US 51.
    Property Profile Location Intelligence

    Current Use by Public Records

    City Drip Shoe Store Relaxation Spa Massage Therapist Journeys Shoe Store ATM Atm Hobby Lobby Craft Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Forsyth
    County
    Macon
    State
    Illinois
    Longitude
    -88.959266
    Latitude
    39.9188311

    Nearby Comparable

    • Contact for pricing
      45,689 SF

      Forsyth Medical Office Space Available

      Prime Macon County medical suites, various sizes.
      241 Weaver Rd, Forsyth, IL 62535
      View Details
    • $17 SF/Yr
      1,825 SF

      Retail Space in Forsyth Plaza

      Retail space in Forsyth with high traffic and visibility.
      1260 Us-51, Forsyth, IL
      View Details
    • Contact for pricing
      5,432 SF

      Retail Space Near Interstate 72

      Retail space in Forsyth, IL, near major retailers.
      1275 S Us-51, Forsyth, IL
      View Details
    • $300 /Mo
      950 SF

      Hickory Point Professional Office Suites

      Private office suites available in Forsyth/Decatur area, various sizes.
      5130 Hickory Point Frontage Rd, Decatur, IL 62526
      View Details
    • Contact for pricing
      10,000 SF

      Retail Space Near Interstate 72

      Retail space available near major retailers and transportation routes.
      1146 Hickory Point Rd, Forsyth, IL 62535
      View Details
    • $16 SF/Yr
      1,410 SF

      Decatur Office Space: Prime Location

      1,410 SF Medical/Office Suite Available
      339 Ash Ave, Decatur, IL 62526
      View Details

    Nearby Similar for Lease

    • $17 SF/Yr
      1,825 SF

      Retail Space in Forsyth Plaza

      Retail space in Forsyth with high traffic and visibility.
      1260 Us-51, Forsyth, IL
      View Details
    • Contact for pricing
      45,689 SF

      Forsyth Medical Office Space Available

      Prime Macon County medical suites, various sizes.
      241 Weaver Rd, Forsyth, IL 62535
      View Details
    • Contact for pricing
      5,432 SF

      Retail Space Near Interstate 72

      Retail space in Forsyth, IL, near major retailers.
      1275 S Us-51, Forsyth, IL
      View Details
    • Contact for pricing
      10,000 SF

      Retail Space Near Interstate 72

      Retail space available near major retailers and transportation routes.
      1146 Hickory Point Rd, Forsyth, IL 62535
      View Details

    FAQs

    What type of property is this?
    Shopping mall - Decatur, IL Retail Opportunity: 27 Spaces Available
    Where is this shopping mall located?
    The property is located at 1146 Hickory Point Mall Forsyth, IL.
    What are key features of this property?
    This property features: Enclosed mall retail space totaling 808,623 square feet available for lease; 339,548 square feet currently vacant.; Prime location at the I-72 and US Route 51 interchange.; Strong co-tenancy with national retailers such as Menard's, Lowe's, Best Buy, Target, Sam's Club, and Walmart.
    Request Owner's contact information
    1146 Hickory Point Mall Forsyth, IL 62535
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1146 Hickory Point Mall Forsyth, IL 62535
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