1351 Shale Rd - Fast Food FOR SALE


Joliet, IL 60431
$2,820,000 USD
314-324-8792
1351 Shale Rd, Joliet, IL for Sale
$2,820,000 USD
Fast Food - FOR SALE
1/5
null | 5.25% Cap Rate

1351 Shale Rd
Joliet, IL 60431


HIGHLIGHTS

  • Newly constructed building featuring a “Chipotlane” drive-thru and a 15 year lease term
  • Part of Rock Run Collection, a new 1mm SF mixed use destination featuring a casino, retail, multi-family, hospitality, office, and healthcare
  • Situated at the intersection of I-80 & I-55 -- more than 230,000 vehicles passing daily
  • Suburban Chicago MSA location with avg. household incomes of $109,000

OVERVIEW

Stream Capital Partners, as exclusive advisor to the seller, is pleased to present for sale a newly constructed Chipotle asset in Joliet, IL, an affluent community located in Chicago’s southwest suburbs. Chipotle is positioned at the entrance of the Rock Run Collection, a super regional mixed use development with over 1 million square feet of retail, hospitality, entertainment, and multi-family combined. Hollywood Casino relocated their existing Joliet location to Rock Run and features 7 restaurants, 6 bars, ESPN Sportsbook, and a 10,000 SF convention center. The casino, which opened in August 2025, is projected to attract 1 million visitors annually to Rock Run. In addition, a 264-unit multifamily development within Rock Run will welcome residents starting in February 2026. Rock Run is strategically situated at the confluence of I-55 & I-80 (230,000 VPD) with direct access from the Gateway Blvd. Interchange (Exit 251), providing convenient access for local and regional consumers, whether they are traveling from downtown Chicago, downstate IL, Northwest IN, or Iowa. Additionally, the development benefits from a recently opened interchange providing access from I-55 directly into Rock Run.

FOR SALE DETAILS

PRICE

$2,820,000 USD

PRICE/SF

$1,200 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chipotle

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Graham GoldStream Capital PartnersMore Info
314-324-8792

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Graham GoldStream Capital PartnersMore Info
314-324-8792

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.