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For Sale

Two-Tenant Investment Opportunity

1021 & 1027 N Water St,
Decatur, IL 62523

Asset Snapshot

1980
Year Built
1
Floor Count
100%
Occupancy

Offering Summary

Investment Overview

Proudly presented in cooperation with Matthews Real Estate Investment Services. Introducing a prime retail investment opportunity at 1021 & 1027 N Water St, Decatur, IL. This fully occupied property is strategically located in a B2-zoned area, offering a lucrative proposition for retail investors. Boasting 100% occupancy, this high-potential asset provides a stable income stream with strong tenant retention. With its sought-after location and strong tenant base, this property presents a compelling opportunity for investors seeking retail and street retail assets. Don't miss out on this chance to add a flourishing retail property to your investment portfolio.


Investment Highlights

  • 100% occupied by two established tenants with NNN and Modified Gross leases
  • Anchored by CSL Plasma and Illinois Department of Human Services for reliable cash flow
  • CSL Plasma paying $5.00/SF — well below market, offering significant mark-to-market upside
  • Adjacent ±0.39-acre parcel included with ~70 parking spaces for future flexibility
  • Two on-site billboards generate additional passive income and diversified revenue
  • Positioned along N. Water Street (±12,400 VPD) near Kroger, Aldi, McDonald's, and more

How it Works

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Listing Syndicated From

Buildout
For Sale
$2,236,146
Asking Price