Hickory Point Mall, Forsyth, IL 62535

THE ASSET: The Hickory Point Outlots are three parcels of development land that surround the Hickory Point Mall in Forsyth, IL. The Outlots consist of Lots 5 & 6, which consists of 29.43 acres and is zoned B (Neighborhood Business); Lot 20A, consisting of 2.7 acres and is zoned B (Neighborhood Business); and Lot 17-B2, a 1.23-acre lot zoned C-1 (Commercial Service). The Properties contain a total of 33.36 acres of developable land.

ATTRACTIVE ZONING: The Properties are zoned B (Business) and C-1 (Neighborhood Commercial), both versatile zoning districts allowing for a wide range of retail and service uses. The B designation is used to provide areas for personal services and convenience shopping for adjacent neighborhoods as well as the entire community, and the C-1 district is designed to allow for a wide range of retail and service uses and to accommodate auto-oriented commercial activities.

STRATEGIC RETAIL LOCATION: The Properties are located at the center of Forsyth’s primary commercial and retail trade area, directly adjacent to Hickory Point Mall, the dominant regional shopping destination serving the Decatur metropolitan area. The Outlots benefit from strong regional access via U.S. Highway 51 and immediate proximity to Interstate 72, allowing for efficient connectivity to downtown Decatur and the broader Central Illinois region. Surrounded by a dense concentration of employment centers, lodging, and service-oriented uses, the location is well positioned for future developments to draw from a strong existing consumer base.

HICKORY POINT MALL: Hickory Point Mall is the primary retail anchor and traffic driver for the Forsyth–Decatur trade area, serving as the region’s dominant shopping destination. Encompassing more than 800,000 square feet and home to 40+ national and regional retailers, the mall features strong anchors including Kohl’s, Von Maur, TJ Maxx, Hobby Lobby, Ross Dress for Less, and Ulta Beauty. Strategically located at the intersection of I-72 and U.S. Route 51, Hickory Point Mall benefits from exceptional visibility, accessibility, and regional draw, generating consistent consumer traffic that supports surrounding retail and commercial development. The adjacent parcels are well positioned to capture this sustained demand.

AREA DRIVERS: The area is supported by a diverse and stable employment base that generates consistent commuter and visitor traffic. Major regional employers include Archer Daniels Midland, Caterpillar, Decatur Memorial Hospital, HSHS St. Mary’s Hospital, Ameren Illinois, and Decatur Public Schools, anchoring the local economy across manufacturing, healthcare, utilities, and education. The corridor also functions as the primary lodging destination for the Decatur metropolitan area, with numerous hotels serving business travelers, healthcare visitors, and regional tourism, further reinforcing steady demand and daytime population density.

RETAIL TRADE AREA: In addition to the numerous shopping opportunities at the Hickory Point Mall, other retailers driving traffic to the area include Lowe’s, Best Buy, Dollar Tree, Five Below, McDonald’s, Staples, Starbucks, Circle K, Xfinity, T-Mobile, Sport Clips, Aspen Dental, First Mid Bank & Trust, Play It Again Sports, PetSmart, Cracker Barrel, Panda Express, Taco Bell, Texas Roadhouse, Buffalo Wild Wings, McAlister’s Deli, Red Lobster, Verizon, AT&T, and a future Chick-fil-A.

DEMOGRAPHICS: The immediate area surrounding the Hickory Point Outlots features an impressive average household income of $157,798 within one mile. More than 18,500 people live within 3 miles of the Properties with an average household income of $99,005 and there are more than 9,600 employees within the same 3-mile radius.

TRAFFIC COUNTS: The Hickory Point Outlots sit just off of the interchange of US Route 51 and Interstate 72, which see an average of more than 23,700 and 19,200 vehicles per day, respectively, pass by the Properties.