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625 W Pershing Rd
Decatur, IL 62526

$4,153,000 USD

Drugstore For Sale  •  14,820 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 14,820 SF
  • Lot Size 1.57 AC
  • Building Class B
  • Year Built 2006
  • Tenancy Single
  • Zoning MUNICIPAL
0 Transit Score
55 Walk Score

Highlights

Stabilized Investment Opportunity; Leased to Walgreens with a corporate guarantee featuring zero landlord responsibilities with 6.0 years remaining
Strong Historical Occupancy; Walgreens has been operating at this location since March 2006 producing strong store sales
Neighboring Retail Tenants; Surrounded by tenants such as; Kroger, ALDI, Planet Fitness, Harbor Freight, Sherwin-Williams, Wendy’s, Culver’s, and more
Ideal Demographics; Asset is located within a dense area with over 69,066 residents and an average household income of $68,000 within a 5-mile radius
Easily Accessible Site; 2 points of Ingress/Egress from Monroe Street providing excellent visibility along Monroe Street (11,344 VPD)
Location, Location, Location! Less than a mile from Decatur Memorial Hospital, a 280 licensed bed hospital with more than 2,500 employees

Amenities

  • Signage
  • Monument Signage

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 86
Type: Surface
Included in Rent: Yes
Chad Firsel 312-269-0220 Quantum Real Estate Advisors, Inc
Chad Firsel 312-269-0220 Quantum Real Estate Advisors, Inc