103 Airport Rd - Retail FOR SALE


Harvard, IL 60033
$2,680,600 USD
602-687-6766
103 Airport Rd, Harvard, IL for Sale
$2,680,600 USD
Retail - FOR SALE
1/5
null | 6.6% Cap Rate

103 Airport Rd
Harvard, IL 60033


HIGHLIGHTS

  • Brand New 10-Year Lease - 2025 Construction
  • 10% Rental Increases Every 5 Years with Multiple Renewal Options
  • Tenant/Guarantor is One of the Largest Verizon Wireless Retailers in the U.S. with More Than 800 Locations Across 41 States
  • Situated at Harvard's Primary Retail Intersection – in Immediate Proximity to Walmart, McDonald's, Taco Bell, and More
  • Highly Visible Location Along US Hwy-14 with Easy Access from Airport Rd
  • Easily Accessible From US Hwy-14, Significant Connector Providing Direct Access North into Wisconsin and Southeast to Chicago

OVERVIEW

Verizon is the largest wireless telecommunications provider in the United States. The company offers the largest 4G LTE network in America and the nation’s largest high-speed 3G network. Harvard is a city located in McHenry County, Illinois. The population was 9,469 at the 2020 census. The city is 63 miles from the Chicago Loop and it is the last stop on the Union Pacific Northwest Line. Steven Weinstock – Marcus & Millichap – Broker of Record – steven.weinstock@marcusmillichap.com

FOR SALE DETAILS

PRICE

$2,680,600 USD

PRICE/SF

$894 USD /SF

CAP RATE

6.6%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Verizon | New Construction 10-Yr Lease

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,848 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Mark RubleMarcus & MillichapMore Info
602-687-6766

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Mark RubleMarcus & MillichapMore Info
602-687-6766

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.