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NNN Retail Property
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190 Airport Rd, Harvard, IL 60033

Newly constructed retail asset supported by a long-term NNN lease, scheduled rent increases, and renewal options.

Property Size3,000 SF
Price / SF$842.50
Days on Market216

Property Features for 190 Airport Rd

General Information

Standard status Active
Size 3,000 SF
Property subtype RETAIL

Building Details

Year Built 2025
Tenancy Single
Listing Agency: Marcus & Millichap | Phoenix
Listed By: Mark Ruble · License #SA550593000
Source: Moodyscre
Added: Jan 26 Changed: Aug 29 Last Checked: Aug 29 at 9:09PM

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 Marcus & Millichap | Phoenix

Investment Insights

Based on property information with market context.

Constructed in 2025, this 3,000-square-foot retail property is subject to a new 10-year NNN lease. The agreement provides for 10% rental increases every 5 years and includes multiple renewal options.

The tenant and guarantor are identified as one of the largest Verizon Wireless retailers in the United States, with more than 800 locations across 41 states. The property is located at 190 Airport Rd in Harvard, Illinois, near Walmart, McDonald's, Taco Bell, and other retail businesses.

Key Highlights

  • 2025 construction with 3,000 square feet of retail space
  • New 10‑year NNN lease
  • 10% rental increases every 5 years

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Garden Center (Bike/Boat/Book/etc) Store Skin Care Clinic Locksmith Law Firm

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

223
Businesses Nearby

Demographics for 60033, IL

13,581
Population
5,279
Households
2.6
Avg Household Size
36
Median Age
21%
College-Educated
86%
High-School Grad
117.5 sq mi
ZIP Area
116
Density / Sq Mi
$72,298
Median Household Income
$37,685
Median Earnings
$1,192
Median Rent
$198,700
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 - Newly constructed retail asset supported by a long-term NNN lease, scheduled rent increases, and renewal options.
Where is this nnn property located?
The property is located at 190 Airport Rd Harvard, IL.
What is the asking price?
The asking price for this property is $2,527,500.
What are key features of this property?
This property features: 2025 construction with 3,000 square feet of retail space; New 10‑year NNN lease; 10% rental increases every 5 years
(602) 770-2935 Call to check price and availability
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