Map of Property

Fairview Park Plaza

For Lease

1401 W King Street, Decatur, IL 62522

You can currently find 4 retail space(s) available for lease at Fairview Park Plaza. Designated use type for space listed here includes medical office, strip and retail. Current retail listings at this property total 12,140 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at Fairview Park Plaza.

Space Available For Lease 4

Contacts

broker

Zane Peterson

Main Place Real Estate

(217) 422-3335

Property Details

  • Property Type Retail
  • Property Size 170,000 SF
  • Lot Size 17 Acre
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 1977
  • Year Renovated 2000
  • Date Updated Apr 27, 2024
The City of Decatur is located in Macon County in the central region of Illinois. Decatur is approximately 40 miles west of Champaign-Urbana (University of Illinois), 40 Miles south of Bloomington (Illinois State University and State Farm), and 40 miles east of Springfield (Illinois State Capitol). Decatur is part of the Decatur Metropolitan Statistical Area (MSA). The region is served by an extensive transportation network. Parts of this transportation system includes Interstate 72, US Highway 51, and other state routes creating a motor freight system that overlays an extensive rail network. Decatur is home to the Midwest Inland Port ( https://www.midwestinlandport.com/ ) This inter modal transportation hub has direct access to four railroads connecting all North American rail networks. Decatur’s central location offers logistic synergies and an abundant labor force. Decatur is home to the North American headquarters of Archer Daniels Midland (ADM) and the Global Mining Division of Caterpillar (CAT) which are the two largest employers in Decatur. Tate & Lyle (TATYF) is another industry driver in Decatur. They process grain into food grade meals, oils or other biproducts. Other significant employers are Decatur Public School District, Decatur Memorial Hospital, HSHS St. Mary’s Hospital, and Millikin University. Decatur is an industrial town as far as business sectors, but 58% of the work force is white collar, 25% blue collar and 17% in services. 57% of the population has some college or bachelor’s degree or higher education.FOR LEASE - Fairview Park Plaza is one of Decatur most popular shopping centers. Located approximately a half mile north of Millikin University's campus on route 48. The massive shopping center has many co-tenant synergies ranging from a verity of restaurants, dollar stores, clothing stores, liquor store, and music store. Great location at high traffic intersection close proximity to housing, public high school, Millikin University, and local employers. According to IDOT average daily traffic count at plaza intersection totals over 19,000.

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Getting around

  • 67/100

    Walk Score ®

  • 56/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Decatur, IL
  • Neighborhood Fairlawn
  • Zip Code 62522

Points of Interest

  • Harristown

    5.64 miles

  • Mobil

    0.38 miles

  • Corner Gas Station

    1.64 miles

  • Marathon;Circle K

    1.73 miles

  • Casey's General Store

    1.76 miles

  • Phillips 66

    2.69 miles

  • Shell

    4.98 miles

  • BP

    5.70 miles

  • Casey's General Store

    5.79 miles

  • Phillips 66

    6.14 miles

  • Casey's General Store

    6.98 miles

  • Lot M7

    0.33 miles

  • Lot M11

    0.42 miles

  • Lot M8

    0.46 miles

  • Lot M4

    0.49 miles

  • Lot M1

    0.51 miles

  • Lot M2

    0.51 miles

  • Lot M3

    0.51 miles

  • Lot M9

    0.51 miles

  • Lot M10

    0.61 miles

  • Lot M5

    0.69 miles

  • Einstein Bros. Bagels

    0.45 miles

  • Subway

    0.46 miles

  • McDonald's

    0.49 miles

  • Pizza Hut

    0.50 miles

  • Jimmy John's

    0.60 miles

  • Head West

    0.61 miles

  • Subway

    0.63 miles

  • Domino's

    0.63 miles

  • University Dogs

    0.64 miles

  • PT's BBQ

    1.56 miles

  • Kroger

    2.14 miles

  • Kroger

    2.49 miles

  • Save-A-Lot

    2.90 miles

  • County Market

    3.06 miles

  • Target

    3.11 miles

  • Walmart Supercenter

    3.87 miles

  • Kohl's

    4.85 miles

  • Hickory Point Mall

    4.94 miles

  • Von Maur

    4.96 miles

  • Walmart Supercenter

    5.47 miles

1401 W King Street Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    1401 W King Street is located in Fairlawn, which is home to a total of 5 listing(s). Retail space at Fairview Park Plaza asks $12.00/SF/YR per square foot.

  • The property includes 12,140 square feet of retail space for lease. Of this total, 4,840 square feet are Retail, 3,300 square feet are Medical Office, 4,000 square feet are Strip.

    Lease agreement conditions for the availability at this property include NNN.

    In addition to retail space, the property also includes 1 office space(s). Mixed-use buildings combining office space alongside retail present additional opportunities for steady foot traffic and a potentially loyal customer base.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

    1401 W King Street was last renovated in 2000.

    Knowing your ideal customer is essential. For your consideration, the average age of residents in Fairlawn is 36. The average household income here is $49,340 per year.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Zane Peterson

Main Place Real Estate

(217) 422-3335

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