1240 Hickory Point Mall - Department Store FOR SALE
Forsyth, IL 62535 |
1240 Hickory Point Mall
Forsyth, IL 62535
HIGHLIGHTS
- GROUND LEASE INVESTMENT The subject offering presents a rare opportunity to acquire a Kohl’s ground lease at a low basis with no landlord responsibili
- ANCHOR TO PROMINENT MALL The subject offering is located at the Hickory Point Mall, an 808,000 square foot enclosed regional mall that was constructed
- OUTSTANDING REGIONAL LOCATION Kohl’s is part of the Hickory Point Mall, the major retail draw for the Decatur area and the communities located between
- TRAFFIC-DRIVING CO-TENANTS Hickory Point Mall is one of the primary regional malls serving the city of Decatur and the surrounding communities that ma
- LONG-TERM TENANT Kohl’s has operated at Hickory Point Mall since 1982 and expanded its space by 28,000 square feet in 2003 and recently added a Sephor
- RECENT DEVELOPMENT ACTIVITY The Route 51 commercial corridor has become increasingly active in recent years as retailers and developers recognize the
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Kohl's
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Department Store
TOTAL BUILDING SIZE
92500
STORIES
1
YEAR BUILT
1983
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
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