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NNN Retail Property with New Construction
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402 N Commercial St, Harrisburg, IL 62946

Brand-new retail construction offers a long primary lease term with multiple renewal options.

Property Size2,000 SF
Price / SF$919.68
Days on Market221

Property Features for 402 N Commercial St

General Information

Standard status Active
Size 2,000 SF
Property subtype Retail
Occupancy 100%
Lease Type NN
Investment Type Net Lease
Net Operating Income $114,960

Building Details

Year Built 2025
Units 1
Tenancy Single
Listing Agency: Veritas Realty
Listed By: Phoebe Aaron · License #24001509
Source: Crexi
Added: Jan 21 Changed: Aug 30 Last Checked: Aug 30 at 5:27AM

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 Veritas Realty

Investment Insights

Based on property information with market context.

Built in 2025, this 2,000-square-foot retail property is occupied by TCC, a Verizon authorized retailer. The lease provides a 10-year primary term followed by three 5-year renewal options and is structured as NN+, limiting landlord responsibilities. TCC has operated for more than 30 years and maintains over 549 locations across 42 states.

The property is positioned along US 45, Harrisburg’s main retail corridor, with reported traffic exceeding 15,000 AVD. The surrounding retail environment includes Walmart Supercenter, McDonald’s, Taco Bell, Dollar General, Kroger, and Aldi. Fifteen designated parking spaces serve the store.

Key Highlights

  • 10‑year primary lease with three 5‑year renewal options
  • 2,000‑square‑foot retail property built in 2025
  • NN+ lease structure with minimal landlord responsibilities

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Storage Facility Locksmith Daycare Center HVAC Service

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

Location Intelligence

Trade Area within ½ mile

620
Businesses Nearby

Demographics for 62946, IL

12,235
Population
5,621
Households
2.2
Avg Household Size
43
Median Age
23%
College-Educated
87%
High-School Grad
145.6 sq mi
ZIP Area
84
Density / Sq Mi
$55,551
Median Household Income
$39,067
Median Earnings
$740
Median Rent
$97,500
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 - Brand-new retail construction offers a long primary lease term with multiple renewal options.
Where is this nnn property located?
The property is located at 402 N Commercial St Harrisburg, IL.
What is the asking price?
The asking price for this property is $1,839,360.
What are key features of this property?
This property features: 10‑year primary lease with three 5‑year renewal options; 2,000‑square‑foot retail property built in 2025; NN+ lease structure with minimal landlord responsibilities
(317) 472-1800 Call to check price and availability
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