3371 N Vermilion St, Danville, IL 61832

Northmarq is pleased to offer for sale to qualified investors, the opportunity to purchase a fee-simple interest in the Harbor Freight asset located in Danville, Illinois (“The Property”). The Property consists of a 23,500 square foot freestanding retail building on a 1.56-acre parcel of land. Harbor Freight is operating under a net lease with 8+ years of primary base lease term remaining, offering a passive investment asset with long-term, stable cash flows. Additionally, this lease features rent escalations of 10% every 5 years, providing investors with a significant hedge against inflation. On top of this, investors are able to acquire a building at a low price point ($81.48/SF), with a tenant paying below market rent ($5.50/SF). See Lease Abstract for full details.