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Pines Shopping Center 2200 E William St 5,675 SF of Retail Space Available in Decatur, IL 62521
Highlights
- Busy Intersection
- Adequate Parking
- National Tenants
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 5,675 SF | 8’ - 10’ | Negotiable | $24.66 CAD/SF/YR $2.05 CAD/SF/MO $139,919 CAD/YR $11,660 CAD/MO | Triple Net (NNN) |
1st Floor
Space is ready to design to your personal tastes. This center is 80% filled with national tenants including a Save-A-Lot grocery store, Rent-A-Center, Family Dollar, and Pizza Hut. Each tenant is responsible for their pro-rated share of CAMS, real estate taxes, and insurance. With the Landlord's ownership of the Save-a-Lot store, Landlord has personal interest in keeping the center presentable in a cost efficient means. Decatur Pines Shopping Center is located on one of the busiest intersections in Decatur, IL at Hwy 121 & Rte 36. The Save-a-Lot grocery store is amongst the Landlord's top performing Save-a-Lot stores, proving this is a prime location with a lot of nearby rooftops.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Finished Ceilings: 8’ - 10’
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at Pines Shopping Center
- Tenant
- Description
- US Locations
- Reach
- Family Dollar
- Retailer
- -
- -
- Pizza Hut
- Pizza
- 8,789
- International
- Rent-A-Center
- Rental Shop
- 3,126
- International
- Save-A-Lot
- Discount Grocer
- 1,090
- National
| Tenant | Description | US Locations | Reach |
| Family Dollar | Retailer | - | - |
| Pizza Hut | Pizza | 8,789 | International |
| Rent-A-Center | Rental Shop | 3,126 | International |
| Save-A-Lot | Discount Grocer | 1,090 | National |
Property Facts
| Total Space Available | 5,675 SF | Year Built | 2010 |
| Property Type | Retail | Parking Ratio | 4.11/1,000 SF |
| Gross Leasable Area | 38,945 SF | Cross Streets | E. Williams & 22nd St. |
| Total Land Area | 3.00 AC |
| Total Space Available | 5,675 SF |
| Property Type | Retail |
| Gross Leasable Area | 38,945 SF |
| Total Land Area | 3.00 AC |
| Year Built | 2010 |
| Parking Ratio | 4.11/1,000 SF |
| Cross Streets | E. Williams & 22nd St. |
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Pines Shopping Center | 2200 E William St
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