Vernon Hills, IL NNN properties for sale

Updated: May 27

Vernon Hills Retail Opportunity

1720 N Milwaukee Ave, Vernon Hills, IL 60061

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71,248 sqft

Investment‑Grade Guaranty: Backed by The Kroger Company (NYSE: KR), S&P Rated BBB/Stable
Long‑Term NNN Lease: 11 years of base term remaining with four 5‑year renewal options
High‑Volume Performance: Flagship Prototype Store build‑to‑suit location
Rental Growth: Enjoy 10% base rent increases every 5 years.
$144,000 AAHI: Located within five miles of the location.

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Updated: Mar 12

Staples Retail NNN Property

1600 N Milwaukee Ave, Vernon Hills, IL 60061

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19,150 sqft

Fee‑simple retail NNN asset with Staples at 1600 N Milwaukee Avenue in Vernon Hills, IL
Staples is operating on an NNN lease with about 13.6 years of primary term remaining
Lease includes one 5‑year option with a 10% rent increase
Rents are stated as 47% below market, creating a mark‑to‑market opportunity

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Vernon Hills, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Corporate 7-Eleven Gas Station

630 W Rand Rd, Mount Prospect, IL 60056

$3,966,761

3,245 sqft 0.76 AC lot

Freestanding convenience operation offers 24/7 fuel and diesel service under a triple-net lease structure.

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Single-Tenant NNN Ground Lease

7320 Grand Avenue, Gurnee, IL 60031

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3,260 sqft 1.10 AC lot

New-construction bank branch includes double drive-through service and tenant-paid operating, maintenance, and capital costs.

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Absolute NNN Retail Ground Lease

Mount Prospect, IL 60056

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2,695 sqft

Absolute NNN ground lease with 12.4 years remaining, leased to an investment-grade tenant with an S&P A credit rating.

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Gurnee, IL Chili's Restaurant

6030 Grand Ave, Gurnee, IL 60031

Contact for pricing

5,331 sqft

Single-tenant Chili's in Gurnee, Illinois near Gurnee Mills.

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Vernon Hills, IL NNN Properties for Sale

1720 N Milwaukee Ave, Vernon Hills, IL 60061

1600 N Milwaukee Ave, Vernon Hills, IL 60061