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