103 Airport Rd Harvard, IL 60033

Listing agency Marcus & Millichap | Phoenix m***@marcusmillichap.com Show Phone

Listed by Mark Ruble · License #SA550593000 Show Phone

Source Moodyscre

Added: Jan 26 Updated: Jul 21 at 11:59PM Checked: Jul 21 at 11:59PM

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Investment Insights

Based on property information with market context.

This newly constructed retail storefront was completed for 2025 occupancy and features a brand new 10-year lease. The lease includes 10% rental increases every 5 years, along with multiple renewal options.

Located at 103 Airport Rd in Harvard, IL, the property sits at Harvard’s primary retail intersection. It is described as being in immediate proximity to Walmart, McDonald’s, Taco Bell, and other nearby retailers.

The current tenant/guarantor is one of the largest Verizon Wireless retailers in the U.S., operating more than 800 locations across 41 states.

Key Highlights

• Newly constructed storefront leased for 10 years beginning in 2025 to a Verizon retailer with renewal options
• Lease includes 10% rental increases every 5 years and multiple renewal options
• Tenant is one of the largest Verizon Wireless retailers in the U.S. with more than 800 locations across 41 states

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FAQs

What type of property is this?

Storefront property - Newly constructed storefront leased for 10 years beginning in 2025 to a Verizon retailer with renewal options.

Where is this storefront property located?

The property is located at 103 Airport Rd Harvard, IL.

What is the asking price?

The asking price for this property is $2,226,000.

What are key features of this property?

This property features: Newly constructed storefront leased for 10 years beginning in 2025 to a Verizon retailer with renewal options; Lease includes 10% rental increases every 5 years and multiple renewal options; Tenant is one of the largest Verizon Wireless retailers in the U.S. with more than 800 locations across 41 states