Investment Overview

Marcus & Millichap is pleased to present for sale the fee-simple interest in 2201–2349 E Hubbard Avenue, located in Decatur, Illinois. The subject property totals approximately 63,322 square feet of functional small-bay industrial space across multiple suites. The property is currently stabilized with a diverse tenant mix, providing reliable cash flow and strong leasing momentum in a market characterized by limited supply of comparable product. Strategically located within Decatur’s established industrial corridor, the property benefits from direct access to U.S. Route 36 and Interstate 72, providing convenient regional connectivity to Springfield, Champaign, and Bloomington. The site is surrounded by established logistics, manufacturing, and agricultural processing users, including ADM, Caterpillar, and Tate & Lyle, reinforcing the area’s long-standing industrial base and tenant demand. The purchase of this offering provides investors with an opportunity to acquire a cash-flowing, multi-tenant industrial asset in a Central Illinois market supported by strong industrial fundamentals and limited new supply. At the current list price of $3.6 million the offering generates a net operating income of $308,461 which equates to a capitalization rate of 8.57 percent.