Contacts
Prime Net Lease
Property Details
- Property Type Retail - Street Retail
- Property Size 30,087 SF
- Units 2
- Lot Size 3.72 Acre
- Property Tenancy Multi-Tenant
- Year Built 2006
- Date Updated Jul 31, 2026
Reach out to the broker for more info on lease terms and amenities
Highlights
- 100% OCCUPIED TWO-TENANT CENTER - Fully leased to PetSmart and Dollar Tree, two nationally recognized retailers serving necessity-based consumer demand.
- AFFLUENT TRADE AREA - Average household income exceeds $124,000 within 1 mile and $84,000 within 3 miles, supporting strong retail spending and long-term tenant performance.
- BUILT-IN RENTAL GROWTH - Both leases feature contractual rent increases during option periods, providing investors with future income growth and inflation protection.
- CORPORATE-BACKED TRIPLE NET LEASES - Both tenants operate under NNN lease structures, minimizing landlord responsibilities while providing stable, predictable cash flow.
- DOMINANT RETAIL CORRIDOR LOCATION - Situated directly across from Hickory Point Mall, the region's primary shopping destination and retail hub serving Decatur and the surrounding trade area.
- ESTABLISHED REGIONAL RETAIL DESTINATION - Located within the Hickory Point retail corridor, one of Central Illinois' most established shopping districts, drawing consumers from throughout the Decatur metropolitan area and surrounding counties.
- LIMITED COMPETITION WITH STRONG MARKET POSITIONING - PetSmart is the only national pet supply retailer within approximately 40 miles, while Dollar Tree benefits from strong brand recognition and value-oriented consumer demand.
- LONG-TERM TENANT COMMITMENT - Both PetSmart and Dollar Tree have occupied the property since January 2006 and have exercised multiple renewal options, demonstrating nearly two decades of successful operations and continued commitment to the location.
- SHADOW-ANCHORED BY BEST BUY - Adjacent to Best Buy and surrounded by a dense concentration of national retailers, restaurants, and service providers that drive consistent customer traffic.
- STRONG DAYTIME EMPLOYMENT BASE - More than 11,500 employees within 3 miles and over 30,000 employees within 5 miles provide a substantial daytime population that supports surrounding retail activity.
Attachments
Getting around
-
45/100
Walk Score ®
-
49/100
Bike Score ®
Location
- City Forsyth, IL
- Neighborhood Forsyth
- Zip Code 62535
Points of Interest
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Shell
0.17 miles
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Casey's General Store
0.99 miles
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Phillips 66
1.34 miles
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Kroger
2.64 miles
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County Market Express
2.72 miles
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Marathon;Circle K
3.14 miles
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Mobil
4.95 miles
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Huck's Food & Fuel
5.16 miles
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Lot M1
4.98 miles
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Lot M2
5.07 miles
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Lot M4
5.07 miles
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Lot M3
5.08 miles
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Lot M7
5.13 miles
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Lot M8
5.25 miles
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Lot M11
5.25 miles
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Lot M9
5.31 miles
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Lot M5
5.34 miles
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Lot M10
5.38 miles
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Taco Bell
0.16 miles
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Cheddar's
0.21 miles
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Penn Station
0.23 miles
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Subway
0.26 miles
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Applebee's
0.26 miles
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McDonald's
0.29 miles
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Texas Roadhouse
0.31 miles
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Cracker Barrel
0.31 miles
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Red Lobster
0.40 miles
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Steak 'n Shake
0.48 miles
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Von Maur
0.37 miles
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Hickory Point Mall
0.41 miles
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Kohl's
0.42 miles
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Walmart Supercenter
1.08 miles
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Target
1.77 miles
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Kroger
2.58 miles
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County Market
2.67 miles
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Save-A-Lot
5.07 miles
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ALDI
7.86 miles
Prime Net Lease