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4405 E US ROUTE 36 Decatur IL 62521-5003

[Locked] • APN 09-13-20-452-009

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Details
Property Type Retail
Sub Type Restaurant
Lot SqFt 81,084
Acreage ******
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code B2
Building Count 1
Opportunity Zone No
Lease Rate ******
Mortgage Amount ******
Mortgage Term ******
Interest Rate ******
Mortgage Recording Date ******
Lender Name ******

Property History

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Property Type
Property Type
Retail
Property Subtype
Restaurant
Marketing Description

Value Add or Owner User Opportunity. The subject property is a former restaurant on a hard-corner signalized intersection. The building is currently vacant and immediately available for restaurant use. The property offers excellent visibility and frontage, positioned directly on US Route 36 (17,550 VPD Combined) with prominent billboard signage along Route 36. The lot is just under 2 acres and includes ample parking (25:1,000) and potential to add a drive-thru for future tenant.

The space is turn-key, including all equipment in place. With low vacancy in the market, this is a restaurant opportunity in an underserved market in the most populous city in Macon County. The site features direct access to US Route 36, within 2 miles from Decatur Airport servicing over 158,400 annual visitors, close proximity to Mt Zion Rd servicing a dense retail corridor. Less than half a mile from Decatur Marketplace with Walmart Superstore, Five Below, Verizon Wireless, Game Stop and more. New developments are in the immediate surrounding area with many national retailers like Starbucks, Take 5 Oil Change and 7 Brew Coffee.


Investment Highlights
  • Vacant Restaurant on a Signalized Hard-Corner
  • Immediately Available for Restaurant Use
  • Turn-key With Restaurant Equipment in Place
  • 2018 Construction
  • 1.84 Acre Lot with Ample Parking; 121 Parking Spaces (25:1,000)
  • Excellent Visibility and Frontage, Positioned Directly on US Route 36 and S 44th St (17,550 VPD Combined)
  • Prominent Billboard Signage Along Route 36
  • Close Proximity to Walmart Anchored Shopping Center, Decatur Marketplace, a 22,715 SF Retail Center with National Retailers such as Verizon, Five Below, Dairy Queen Grill & Chill, GNC and More
  • Potential to Add a Drive-Thru
  • Located Near a Dense Retail Corridor with National Tenants such as Kroger, Walgreens, Dollar General, Circle K, and More
  • Watch Property Video: https://vimeo.com/986433660
Sale Date
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Sold Price
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Buyer Borrower 1 Corp Indicator
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Buyer Borrower 1 Name
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Buyer Borrower 1 Relationship Type
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Mortgage Recording Date
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Mortgage Maturity Date
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Mortgage Term
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Document Number
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Document Type
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Mortgage Interest Rate
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Mortgage Lender Name
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Loan Amount
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Mortgage Book
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Mortgage Construction Loan
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Mortgage Document Date
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Mortgage Document Number
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Recording Book
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Recording Page
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Sales Price Code
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Seller 1 Corp Indicator
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Seller 1 Name
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Transfer Tax
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Mortgage Page
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Sold By
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Sold To
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Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Listing removed on
 BY:
RG
Ryan Gomez PRO
•••.•••.9811
••••.•omez@••••••••.com
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