Runway Strip Center

For Sale

1910 Mount Zion Road, Decatur, IL 62521

This Decatur property for sale is located at 1910 Mount Zion Road. The current listed sale price for Runway Strip Center is $2,824,438. Runway Strip Center is situated on a lot that is 0.97 acre in size.

Contacts

broker

Ryan Schulten

CP Partners

Property Details

  • Property Type Retail - Strip
  • Property Size 8,712 SF
  • Units 6
  • Lot Size 0.97 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 2010
  • Date Updated Nov 20, 2024
-Runway Strip Center is a highly-trafficked retail strip located within immediate proximity to the entrance of the regional Decatur Airport. Featuring shallow-depth small footprint spaces and end cap drive-thru/to go national anchor tenants, the center is experiencing positive leasing momentum with the recent addition of Buffalo Wild Wings GO and additional leasing activity. The center has a high visibility location to a state highway and airport on a signalized intersection.

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Highlights

  • Established Tenant Mix: Anchored by national brands like Jimmy John’s, Buffalo Wild Wings, H&R Block, and Hangar Orthopedics
  • High Occupancy Rate: Currently 89% occupied, ensuring cash flow and leaving room for a value add opportunity
  • Strong Net Leases: Tenants cover property taxes, insurance, and maintenance, reducing management responsibilities for investors
  • Annual Rent Increases: Built-in 2% annual rent escalations at minimum across current leases offer a hedge against inflation
  • Strategic Location: Prominently located in a busy Decatur retail corridor near major thoroughfares, providing visibility and accessibility
  • Management fee: Tenants pay a ten percent management fee on CAM expenses, providing additional income

Getting around

  • 46/100

    Walk Score ®

  • 39/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Decatur, IL
  • Neighborhood Muffley
  • Zip Code 62521

Points of Interest

  • BP

    0.14 miles

  • Kroger

    0.19 miles

  • Huck's Food & Fuel

    3.06 miles

  • Circle K

    4.19 miles

  • County Market Express

    5.14 miles

  • Corner Gas Station

    5.18 miles

  • Mobil

    5.34 miles

  • Casey's General Store

    5.44 miles

  • Marathon;Circle K

    6.21 miles

  • Gaitros Aviation FBO

    1.05 miles

  • Lot M5

    5.19 miles

  • Lot M1

    5.22 miles

  • Lot M2

    5.24 miles

  • Lot M3

    5.24 miles

  • Lot M4

    5.26 miles

  • Lot M10

    5.36 miles

  • Lot M8

    5.44 miles

  • Lot M9

    5.45 miles

  • Lot M7

    5.51 miles

  • Jimmy John's

    0.01 miles

  • McDonald's

    0.06 miles

  • Arby's

    0.08 miles

  • Taco Bell

    0.11 miles

  • La Gondola Spaghetti House

    0.18 miles

  • DQ Grill & Chill

    0.19 miles

  • Royal International Buffet

    0.19 miles

  • Dos Amigos

    0.21 miles

  • Monical's Pizza

    0.23 miles

  • Steak 'n Shake

    0.28 miles

  • ALDI

    0.21 miles

  • Kroger

    0.24 miles

  • Walmart Supercenter

    0.29 miles

  • Save-A-Lot

    3.05 miles

  • County Market

    5.17 miles

  • Target

    6.51 miles

  • Kohl's

    8.03 miles

  • Von Maur

    8.05 miles

  • Hickory Point Mall

    8.08 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

Ryan Schulten

CP Partners