Listed by Veritas Realty
$1,768,615
Verizon (TCC) - Harrisburg, IL
Details
Property Type Retail
Sub Type Storefront
Square Footage 2,000
Units 1
Cap Rate 6.5%
NOI $114,960
Occupancy 100%
Tenancy Single
Brand/Tenant Verizon Wireless
Lease Type NN+
Lease Term 10
Lease Expiration 01/30/2036
Remaining Term 9.7
Rent Bumps Yes
Lease Options Three 5-Year Options
Price per SqFt $884
Year Built 2025
Acreage 0.370
Investment Type Net Lease
Lease Commencement 01/19/2026
Ground Lease No
TCC | Relocated Store | NN+ | 10 Years
Marketing description
Relocated Store: Backed by 20+ years of success in this market
Brand-New Construction: 10-Year Primary Lease Term with Three (3) Five-Year Renewal Options
TCC: Verizon Authorized Retailer with 30+ Years of Operating History and over 549 Locations in 42 States
NN+ Lease: Minimal Landlord Responsibilities
Surrounding National Tenants: Walmart Supercenter, McDonald’s, Taco Bell, Dollar General, Kroger, Aldi, etc...
Located on US 45 (15,000+ AVD), Harrisburg’s main retail corridor with 15 designated parking spaces
Listing Contacts
Listed by Veritas Realty
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$114,960.00
$9,580.00/mo
Valuation Metrics
0
DSCR
6.5%
Cap Rate
6.5%
ROI
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