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550 E Pershing Rd
Decatur, IL 62526

$1,538,000 USD

Freestanding For Sale  •  510 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 510 SF
  • Lot Size 0.72 AC
  • Building Class B
  • Year Built 2024
  • Cap Rate 6.50 %
  • Tenancy Single
0 Transit Score
59 Walk Score

Highlights

15-year absolute net lease featuring 10% rental increases every 5 years throughout the base term and options
2024 build-to-suit construction with double drive-thru
ALDI outparcel with direct ingress/egress from E Pershing Road – 20,243 VPD
Dual grocery anchored coffee pad to Kroger and ALDI, drawing high traffic volumes
Brettwood Village Shopping Center is a 200,000 SF regional shopping center, anchored by Kroger, has seen 1.9M visitors in the previous 12 months
Kroger drives traffic to the center with other national tenants including Planet Fitness, FedEx, H&R Block, and Dunkin’ Donuts

Property Flyers

Cap Rate: 6.50 %
John Andreini 415-274-2715 CP Partners CRE
John Andreini 415-274-2715 CP Partners CRE