303 Section Line Road, Manteno, IL 60950

SRS Real Estate Partners-Midwest, LLC is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Midland States Bank investment property located in Manteno, Illinois. The tenant currently has 6+ years left with 2 (10-year) options to extend, demonstrating their commitment to the site. The lease features 2% annual rental increases throughout the initial term and options thereafter, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor. As of March 31, 2026, the Company had total assets of approximately $6.55 billion, and its Wealth Management Group had assets under administration of approximately $4.47 billion. Bank also has a 1,672 SF office space that is currently available for sublease.

The subject property is located along Section Line Rd which averages 9,600 VPD. The site benefits from nearby direct on/off ramp access to Interstate 57, a major thoroughfare that averages 33,600 vehicles passing by daily. The asset is ideally located in a dense retail corridor, with numerous nearby national/credit tenants including McDonald’s, O’Reilly Auto Parts, Taco Bell, CVS, Wendy’s, Dairy Queen, Circle K and many more. Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site. Furthermore, the site is in close proximity to Manteno High School (615 students) and Manteno Middle School (681 students) further increasing consumer traffic to the site. The 5-mile trade area is supported by a population of over 15,000 and 5,000 employees. Residents within a 3-mile radius of the property boast an affluent average household income of $111,828.