Freestanding For Lease • 7,462 SF
| Name | Space Use | Size | Rent | Details |
|---|---|---|---|---|
| 1st Floor Ste | Retail | 7,462 SF | $8.00 USD/SF/YR | |
Property Description Coldwell Banker Commercial Devonshire Realty is pleased to offer this freestanding retail property for sublease. Situated on a half-acre lot, the property is well-suited for a variety of retail or service-oriented businesses. The building provides a functional layout and flexible space to accommodate different business needs. The location benefits from high visibility and strong traffic counts, with a combined average daily traffic (AADT) of over 14,000 at the nearby intersection of E Main St and Grand Ave. The current lease extends until May 31st, 2027. This property features a triple net lease (NNN), requiring the tenant to maintain insurance, all maintenance, and property taxes in addition to the base rent. However, the tenant is open to negotiating a modified gross lease structure with a prospective subtenant, with the gross rate to be determined by the agreed-upon terms and responsibilities. Area Description Located in Galesburg, IL, a historic city in Knox County with a population of approximately 30,000, 1110 E Main St benefits from a well-traveled commercial corridor with access to local and regional consumer traffic. Galesburg serves as a regional hub for retail, healthcare, and education, home to Knox College, a vibrant downtown district, and multiple national and local retailers. The city is well-connected through Interstate 74 and Amtrak service, providing convenient access to nearby metropolitan areas, like Peoria and the Quad Cities. Neighboring retailers include: McDonald’s, Dairy Queen, Dollar General, Walgreens, Subway, Hardee’s, Circle K, Save a Lot, and more.
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Coldwell Banker Commercial Devonshire Realty is pleased to offer this freestanding retail property for sublease. Situated on a half-acre lot, the property is well-suited for a variety of retail or service-oriented businesses. The building provides a functional layout and flexible space to accommodate different business needs. The location benefits from high visibility and strong traffic counts, with a combined average daily traffic (AADT) of over 14,000 at the nearby intersection of E Main St and Grand Ave. The current lease extends until May 31st, 2027. This property features a triple net lease (NNN), requiring the tenant to maintain insurance, all maintenance, and property taxes in addition to the base rent. However, the tenant is open to negotiating a modified gross lease structure with a prospective subtenant, with the gross rate to be determined by the agreed-upon terms and responsibilities. Area Description Located in Galesburg, IL, a historic city in Knox County with a population of approximately 30,000, 1110 E Main St benefits from a well-traveled commercial corridor with access to local and regional consumer traffic. Galesburg serves as a regional hub for retail, healthcare, and education, home to Knox College, a vibrant downtown district, and multiple national and local retailers. The city is well-connected through Interstate 74 and Amtrak service, providing convenient access to nearby metropolitan areas, like Peoria and the Quad Cities. Neighboring retailers include: McDonald’s, Dairy Queen, Dollar General, Walgreens, Subway, Hardee’s, Circle K, Save a Lot, and more.
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 2 min | 14 min | 0.7 mi | |
| Airport | Drive | Walk | Distance |
| General Downing - Peoria International | 56 min | - | 46.6 mi |
| Quad Cities International | 56 min | - | 46.7 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 17 |
| Type: | Surface |
| Included in Rent: | Yes |