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320 S Adams St
Manito, IL 61546
Modern Retail Property for Sublease · Property For Lease
Property Facts
| Property Type | Retail | Year Built | 2023 |
| Property Subtype | Freestanding | Parking Ratio | 3.51/1,000 SF |
| Gross Leasable Area | 10,527 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 10,527 SF |
| Year Built | 2023 |
| Parking Ratio | 3.51/1,000 SF |
About the Property
Coldwell Banker Commercial Devonshire Realty is pleased to offer this freestanding retail property for sublease. The property spans almost an acre over two lots, providing ample parking with the lots redeveloped and new building constructed within the last 18 months. The current lease extends until July 31, 2032. This property features a triple net lease, under which the existing tenant is responsible for maintaining insurance, all maintenance, and property taxes in addition to the base rent, although the tenant is willing to negotiate a modified gross lease structure with the subtenant. Gross rate to be determined by the collective terms and responsibilities of the offer. Area Description 320 S Adams St is centrally located in the heart of Manito, a village in Mason County with a population of approximately 1,552. Manito is primarily an agricultural community, with most local businesses connected to farming and related industries. The village offers various amenities, including schools, recreational facilities, hunting and fishing areas, and active civic organizations. Located about 27 miles southwest of Peoria, Manito provides access to a larger urban center while maintaining its strong agricultural roots, which continue to shape its economy and community activities.
