Grocery Store
Friar Tuck Beverages Ground Lease
1085 US-51, Forsyth, IL 62535
Listing Price: $3,117,200
Investment Overview
Subject is a Prime 15,586 Square-Foot Friar Tuck Beverages on a 1.64-Acre Out-Parcel at Hickory Point Mall and Possesses Ample Parking, Easy Ingress/Egress and is Strategically Located on a Signalized Intersection. Ground Lease with Over Four Years Remaining and Zero Landlord Responsibility.
Friar Tuck Beverages Ground Lease
Investment Highlights
- Robust Traffic Counts on Highway 51 (24,600 VPD) and a Half Mile off of Interstate 72 (13,000 VPD) (Source: LandVision, CoStar, IDOT, 2022)
- Well Established Retail Corridor Surrounding the Hickory Point Mall | Nearby National Retailers Include: Hobby Lobby, Kohl's, Lowe's, Staples, PetSmart, Applebee's, Buffalo Wild Wings, and Others
- Affluent Community with an Average Household Income of Over $144,000 within One Mile of the Subject Asset, as of 2022
- Parks and Outdoor Recreational Facilities Nearby Include: Scoville Zoo, Hickory Point Golf Course, Village Park, Forsyth Park, Bois Du Sangamon Nature Preserve, Decatur Lake, and More
- Subject is Four Miles from Downtown Decatur with a Metropolitan Statistical Area Population of 110,000
Exclusively Listed By
Broker of Record
-
Steven D. Weinstock
Senior Vice President/Regional Manager
Listing Price: $3,117,200
Investment Highlights
- Robust Traffic Counts on Highway 51 (24,600 VPD) and a Half Mile off of Interstate 72 (13,000 VPD) (Source: LandVision, CoStar, IDOT, 2022)
- Well Established Retail Corridor Surrounding the Hickory Point Mall | Nearby National Retailers Include: Hobby Lobby, Kohl's, Lowe's, Staples, PetSmart, Applebee's, Buffalo Wild Wings, and Others
- Affluent Community with an Average Household Income of Over $144,000 within One Mile of the Subject Asset, as of 2022
- Parks and Outdoor Recreational Facilities Nearby Include: Scoville Zoo, Hickory Point Golf Course, Village Park, Forsyth Park, Bois Du Sangamon Nature Preserve, Decatur Lake, and More
- Subject is Four Miles from Downtown Decatur with a Metropolitan Statistical Area Population of 110,000
Investment Overview
Subject is a Prime 15,586 Square-Foot Friar Tuck Beverages on a 1.64-Acre Out-Parcel at Hickory Point Mall and Possesses Ample Parking, Easy Ingress/Egress and is Strategically Located on a Signalized Intersection. Ground Lease with Over Four Years Remaining and Zero Landlord Responsibility.
Exclusively Listed By
Broker of Record
-
Steven D. Weinstock
Senior Vice President/Regional Manager
