Forsyth Retail for Sale

Zero Landlord Responsibilities: Absolute NNN Ground Lease structure, with a tenant that has been in operation at this location since 1982. Below Market Rent: Current rent is significantly below market rent paying a mere $1.76 PSF, offering substantial future upside. Below Replacement Cost: At $24.31/SF, the acquisition price is significantly below replacement cost, offering strong upside and yield potential. Hedge Against Inflation: The lease provides for 10% rent increases every five years. The next scheduled bump is in 3.5 years, which will adjust the cap rate to approximately 8.8%. New Area Developments: Forsyth, IL is experiencing sustained commercial expansion. New developments such as Panda Express’ recently delivered outparcel and Chick-fil-A’s planned redevelopment of the former Applebee’s pad along U.S. Hwy 51 demonstrate strong tenant demand within the corridor. The area continues to attract national retailers including Starbucks, Five Below, Dollar General, Taco Bell, and Menards, reinforcing its position as a growing retail hub. Prime Lodging Hub: There are approximately 13 hotels in the city, making this the premier retail and hospitality node for the entire Decatur metro area, making it one of the strongest commercial trade areas in Central Illinois. Strategic Location: Kohl’s is located within Hickory Point Mall, the primary retail hub for Decatur, IL and the communities between Champaign and Springfield. The mall fronts US Route 51, a major north–south corridor with over 17,600 VPD, providing direct access to Downtown Decatur and to Bloomington. It also sits just a half-mile from the Route 51/Interstate 72 interchange, offering strong regional connectivity. Strong Regional Employers: Major employers in the area include Archer Daniels Midland, Caterpillar, Decatur Memorial Hospital, Decatur Public Schools, HSHS St. Mary’s Hospital, and Ameren Illinois.

Property Subtype:

Department Store

Date on Market:

2026-01-05

Pekin Retail for Sale - Outlying Tazewell County

SURMOUNT is pleased to present the exclusive listing for a Sonic located at 3601 Court Street, Pekin, IL 61554. The site consists of roughly 1,571 rentable square feet of building space on an estimated 1.12-acre parcel of land. This Sonic is subject to a 20-year Triple Net (NNN) lease, which commenced 12/18/2024. The current annual rent is $121,800 and has scheduled increases of 1.50% annually.

Property Subtype:

Fast Food

Date on Market:

2025-11-18

Bloomington Retail for Sale

Property Subtype:

Freestanding

Date on Market:

2025-11-11

Decatur Retail for Sale

AiCRE Partners, as exclusive investment sales advisor to Seller, is pleased to offer the opportunity to acquire the fee simple interest in the Walgreens located at 1131 IL-48 in Decatur, Illinois. The property is occupied by Walgreens, one of the nation’s largest and most established pharmacy-led retailers, operating thousands of locations across the United States and serving as a daily needs anchor in communities nationwide. Walgreens benefits from strong brand recognition, essential-service demand, and a resilient business model supported by prescription drug sales, health services, and convenience retail offerings. The property is strategically positioned along Illinois Route 48, a primary commercial corridor in Decatur, providing excellent visibility, convenient ingress and egress, and strong exposure to both local and commuter traffic. The site is well-located near surrounding residential neighborhoods and complementary retail and service uses, allowing the store to effectively serve a broad customer base while benefiting from consistent daily traffic patterns. Decatur serves as the county seat of Macon County and functions as a key regional center for healthcare, manufacturing, education, and government within Central Illinois. The city is supported by a stable employment base, anchored by major employers, regional medical facilities, and higher education institutions, and offers connectivity to larger Midwest markets via nearby highways. As an established infill location leased to a nationally recognized, creditworthy tenant, the Walgreens at 1131 IL-48 presents investors with the opportunity to acquire a durable net-leased asset backed by long-term fundamentals and essential retail demand.

Property Subtype:

Drug Store

Date on Market:

2024-04-11

Bloomington Retail for Sale

SVN Core 3 is pleased to present for sale or lease this 13,000 square foot retail building located just one block off the vibrant Veterans Parkway corridor, which boasts daily traffic counts exceeding 40,000 vehicles. The property sits within a thriving commercial hub surrounded by major national retailers, including Starbucks, Krispy Kreme, Chipotle, Jersey Mike’s, Men’s Wearhouse, Jet's Pizza, Dollar Tree, Jimmy John’s and Potbelly. Bloomington-Normal, with a combined population of more than 160,000, is strategically positioned between three major cities, Chicago, St. Louis, and Indianapolis. The area serves as the headquarters for State Farm and Country Financial and is home to major employers such as Rivian Automotive’s manufacturing plant and Ferrero Chocolates’ first North American production facility. The community continues to experience steady growth and benefits from the presence of both Illinois State University and Illinois Wesleyan University.

Property Subtype:

Department Store

Date on Market:

2023-04-21

Bloomington Retail for Sale

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN, freestanding, Monro Auto Service investment property located in Bloomington, Illinois. The tenant, Monro Muffler Brake, Inc. has approximately 4 years remaining in their current term with 3 (5-year) options to extend. The lease features 10% rental increases at the beginning of each option period, growing NOI and hedging against inflation. The lease is absolute NNN with limited landlord responsibilities making it an ideal, low-management investment opportunity for a passive investor. Monro Auto is one of the nations leading automotive service providers with over 1,300 stores and 9,000 services bays nationwide. With a rapidly growing market share and a focus on sustainable growth, Monro generated approximately $1.4 billion in sales in fiscal 2022 and continues to expand its national presence through strategic acquisitions and the opening of newly constructed stores.

Property Subtype:

Auto Repair

Date on Market:

2023-02-09

Bloomington Retail for Sale

Surmount is pleased to present the exclusive listing for a former restaurant located at 2109 East Empire Street, Bloomington, IL 61704. The site consists of approximately 4,600 rentable square feet of building space situated on an estimated 1-acre parcel. The property is currently vacant, presenting a unique opportunity for an owner-user or investor to reposition or re-lease the space at market terms.

Date on Market:

2025-11-21

Portfolio of properties for Sale

Northmarq in partnership with Equity Investment Advisors, is pleased to offer for sale to qualified investors the opportunity to purchase an nine-property bank branch portfolio spanning Iowa, North Dakota, Wisconsin, and Illinois (the “Portfolio”). The Portfolio is available for purchase either in its entirety or on an individual property basis, offering flexibility based on investor preference. The Portfolio presents a compelling opportunity to acquire mission-critical banking infrastructure in stable, relationship-driven markets. All nine properties are occupied under new, 17-year absolute NNN leases executed in connection with a recent sale-leaseback transaction.???????

Date on Market:

2025-12-12