Slumberland Anchored Retail Complex | Decatur, IL

For Sale

265 E Ash Ave, Decatur, IL 62526

This Decatur property for sale is located at 265 E Ash Ave. The current listed sale price for Slumberland Anchored Retail Complex | Decatur, IL is $4,623,148. Slumberland Anchored Retail Complex | Decatur, IL is situated on a lot that is 2.98 acre in size.

Contacts

broker

Brian Brisky

Brisky Net Lease

(612) 413-4200

Property Details

  • Property Type Retail - Strip
  • Property Size 41,994 SF
  • Units 5
  • Lot Size 2.98 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 2000
  • Date Updated Apr 11, 2024
Need DescriptionBrisky Net Lease & Slumberland Furniture are pleased to offer this multi-tenant retail complex in Decatur, IL. Appreciate a Slumberland-anchored asset with an excellent lineup of tenants. You’re located just off a major town thoroughfare with great visibility and nearby retailers including Walmart, Sam's Club, Jo-Ann Fabric, Walgreens, Chipotle and many others! Decatur is located in central Illinois, just over 40 miles east of Springfield. The economy is based on industrial and agricultural commodity processing and production, which explains why Decatur is known as the “Soybean Capital of the World.” Decatur is home to the U.S. headquarters of agricultural conglomerate Archer Daniels Midland, the largest corn-processing plant for international agribusiness Tate & Lyle's, and one of the largest manufacturing plants for Caterpillar Inc. HomeArea.com ranked Decatur the No. 1 city in Illinois with the Most Affordable Homes. It has also been named one of the Best Places to live as well as one of the safest cities in Illinois. Slumberland Furniture was founded in 1967 by Ken Larson. Since its inception, Slumberland has grown to 125+ stores in 13 states. It is comprised of approx. 50 corporate stores and 75 franchised locations. In Cooperation and Conjunction with: Bang Realty-Illinois, Inc | Brian Brockman IL #471020548Brisky Commercial & Slumberland Furniture are pleased to offer space for lease in this beautiful Menomonie building. Just one spot remains in this redeveloped retail complex. This property has a fantastic location with arguably the best traffic in this busy “college town.” This large project includes one redeveloped center, which is anchored by Slumberland along with Maurices and Dollar Tree, one brand new center anchored by Caribou Coffee & Einstein Bagels and Verizon Wireless, as well as a new Hampton Inn! Other retailers within close proximity include Marketplace Foods, Dunham Sports, Mills Fleet Farm, Walmart to the north, and downtown Menomonie to the south.

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Highlights

  • Strong Local Economy and Steady Demographics
  • Great Visibility & High Daily Traffic Counts
  • Value Add with a Small Vacant Unit
  • Roof was Replaced in 2022
  • Great Mix of Tenants

Getting around

  • 60/100

    Walk Score ®

  • 58/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Decatur, IL
  • Neighborhood Windsor Village
  • Zip Code 62526

Points of Interest

  • Harristown

    7.65 miles

  • Shell

    1.34 miles

  • Marathon;Circle K

    2.04 miles

  • Casey's General Store

    2.18 miles

  • Phillips 66

    2.53 miles

  • Mobil

    3.78 miles

  • Corner Gas Station

    5.22 miles

  • Phillips 66

    5.39 miles

  • Casey's General Store

    5.41 miles

  • Casey's General Store

    5.81 miles

  • BP

    6.82 miles

  • Lot M1

    3.80 miles

  • Lot M2

    3.89 miles

  • Lot M4

    3.90 miles

  • Lot M3

    3.91 miles

  • Lot M7

    3.97 miles

  • Lot M8

    4.09 miles

  • Lot M11

    4.10 miles

  • Lot M9

    4.16 miles

  • Lot M5

    4.17 miles

  • Lot M10

    4.21 miles

  • Panera Bread

    0.02 miles

  • El Rodeo

    0.07 miles

  • Burger King

    0.19 miles

  • Arby's

    0.26 miles

  • Monical's Pizza

    0.29 miles

  • Olive Garden

    0.51 miles

  • Papa Murphy's

    0.54 miles

  • Cracker Barrel

    0.88 miles

  • Taco Bell

    1.24 miles

  • Cheddar's

    1.33 miles

  • Walmart Supercenter

    0.15 miles

  • Target

    0.62 miles

  • Kohl's

    1.34 miles

  • Kroger

    1.39 miles

  • Von Maur

    1.40 miles

  • Hickory Point Mall

    1.41 miles

  • County Market

    1.59 miles

  • Save-A-Lot

    3.96 miles

  • Kroger

    5.31 miles

  • Kroger

    6.56 miles

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

Brian Brisky

Brisky Net Lease

(612) 413-4200