NNN Ground Lease
For Sale
Contact for pricing
151 E Townline Rd, Vernon Hills, IL 60061
New construction offering a long-term ground lease with an NNN structure and no landlord responsibilities.
Property Size3,454 SF
Price / SF$1,069
Days on Market16
Property Features for 151 E Townline Rd
General Information
Standard status
Active
Size
3,454 SF
Property subtype
RETAIL
Building Details
Tenancy
Single
Listing Agency:
The Boulder Group - Corporate
(847) 562-0003
Listed By:
Randy Blankstein · License #471005983
Source:
Moodyscre
Added: Jul 29
Changed: Aug 11
Last Checked: Aug 12 at 8:51AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Boulder Group - Corporate
Investment Insights
Based on property information with market context.
This 3,454-square-foot property is planned as new 2026 construction and is offered with a ground lease structured as NNN. The lease provides a 15-year term, with 10% rental escalations every five years and zero landlord responsibilities under the stated structure.
The property is located at 151 E Townline Rd in Vernon Hills, Illinois, within the Chicago MSA. The five-mile radius has an average household income of $198,000. The combination of new construction, a long-term lease term, contractual escalations, and an NNN ground lease structure defines the property’s operating profile.
The property is located at 151 E Townline Rd in Vernon Hills, Illinois, within the Chicago MSA. The five-mile radius has an average household income of $198,000. The combination of new construction, a long-term lease term, contractual escalations, and an NNN ground lease structure defines the property’s operating profile.
Key Highlights
- 3,454‑square‑foot property
- New 2026 construction
- Ground lease structured as NNN
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,029
Businesses Nearby
585k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 40%
Shops & Services 16%
Superstores 14%
Dining 14%
Walmart
Superstores
84,786 visits/mo
0.4 miles
DICK'S Sporting Goods
Apparel
48,844 visits/mo
0.3 miles
T.J. Maxx
Apparel
45,126 visits/mo
0.1 miles
Nordstrom Rack
Apparel
39,179 visits/mo
0.2 miles
The Home Depot
Home Improvements & Furnishings
32,932 visits/mo
0.4 miles
Demographics for 60061, IL
27,581
Population
11,649
Households
2.4
Avg Household Size
41
Median Age
66%
College-Educated
96%
High-School Grad
8.4 sq mi
ZIP Area
3,283
Density / Sq Mi
$121,588
Median Household Income
$60,647
Median Earnings
$1,862
Median Rent
$390,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
NNN property - New construction offering a long-term ground lease with an NNN structure and no landlord responsibilities.
Where is this nnn property located?
The property is located at 151 E Townline Rd Vernon Hills, IL.
What is the asking price?
The asking price for this property is $3,695,652.
What are key features of this property?
This property features: 3,454‑square‑foot property; New 2026 construction; Ground lease structured as NNN
