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Freestanding NNN Retail Property
For Sale
Contact for pricing
Pending

1742 N Richmond Rd, McHenry, IL 60051

The building is leased under a new net lease with ten years remaining in its base term.

Property Size15,563 SF
Lot Size1.29 Acres
Days on Market142

Property Features for 1742 N Richmond Rd

General Information

Standard status Pending
Size 15,563 SF
Lot size 1.29 Acres
Property subtype Retail

Building Details

Buildings 1
Tenancy Single
Listing Agency: Northmarq - Chicago
Listed By: Isaiah Harf · License #IL 471019332
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 6:38PM

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 Northmarq - Chicago

Investment Insights

Based on property information with market context.

This freestanding retail building contains 15,563 square feet on a 1.29-acre parcel. Harbor Freight occupies the property under a new net lease, with 10 years remaining in the initial lease term. The arrangement provides a defined lease structure for the asset and includes scheduled rent growth provisions.

The property is located at 1742 N Richmond Rd in McHenry, Illinois. Lease escalations are set at 10.00% every 5 years and apply again during each option period, establishing contractual increases over the lease term.

Key Highlights

  • 15,563‑square‑foot freestanding retail building
  • Situated on a 1.29‑acre parcel
  • Harbor Freight occupancy under a new net lease

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Skin Care Clinic Parking Lot & Garage Spa & Massage Center Garden Center Gym & Fitness Center Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

416
Businesses Nearby
15k
Monthly Visits Nearby

Foot Traffic Nearby

Home Improvements & Furnishings 64% Shops & Services 36%
Ace Hardware Home Improvements & Furnishings
9,439 visits/mo 0.1 miles
Marathon Shops & Services
5,232 visits/mo 0.1 miles

Demographics for 60051, IL

24,649
Population
10,210
Households
2.4
Avg Household Size
42
Median Age
33%
College-Educated
94%
High-School Grad
33.2 sq mi
ZIP Area
742
Density / Sq Mi
$104,227
Median Household Income
$53,527
Median Earnings
$1,665
Median Rent
$268,000
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - The building is leased under a new net lease with ten years remaining in its base term.
Where is this nnn property located?
The property is located at 1742 N Richmond Rd McHenry, IL.
What are key features of this property?
This property features: 15,563‑square‑foot freestanding retail building; Situated on a 1.29‑acre parcel; Harbor Freight occupancy under a new net lease
(312) 777-2437 Call to check price and availability
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