2421 W Jefferson St - Retail FOR SALE


Joliet, IL 60435
$1,666,665 USD
312-548-6822
2421 W Jefferson St, Joliet, IL for Sale
$1,666,665 USD
Retail - FOR SALE
1/7
null | 6% Cap Rate

2421 W Jefferson St
Joliet, IL 60435


HIGHLIGHTS

  • New Construction
  • Attractive Rent Increases
  • Excellent Retail Location
  • Dynamic Tenant
  • Zero Management Responsibilities

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the new construction 7 Brew ground lease located at 2421 W Jefferson Street in Joliet, Illinois (the “Property”). Constructed in 2025, the Property is improved by a free standing 510 square foot building on a 0.75-acre corner parcel. 7 Brew has 14+ years remaining on its Absolute NNN Ground Lease with eight (8), 5-year renewal options. The lease calls for attractive 10% rent increases every five years throughout the primary lease term and at the start of each renewal option. The Property is strategically positioned along W Jefferson Street, one of the area’s primary commercial and commuter corridors. The site benefits from its proximity to major traffic drivers, including Walmart Supercenter and Menards (both across the street), and is surrounded by a mix of national and local retailers and restaurants that generate consistent consumer activity. 7 Brew Coffee occupies a strategic location along West Jefferson Street, one of the area’s primary commercial and commuter corridors, and benefits from direct access to the municipal bus line, enhancing convenience for both residents and daily commuters. The surrounding trade area includes a strong concentration of national retailers, restaurants, apartment communities, established residential neighborhoods, and area schools, creating a stable and built-in customer base. The site also benefits from proximity to Joliet Junior College, which contributes additional daytime population and consumer activity. The Property offers exceptional regional accessibility via US Route 52, US Route 6, US Route 30, Illinois Route 7, Illinois Route 59, Interstate 80, and Interstate 55, providing efficient connectivity throughout the greater Chicagoland region. Located approximately 40 miles southwest of Chicago, Joliet serves as a major regional employment and transportation hub, further supporting the Property’s long-term accessibility and market appeal.

FOR SALE DETAILS

PRICE

$1,666,665 USD

PRICE/SF

$2,451 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7 Brew

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

-

APN/PARCEL ID

05-06-12-417-065

ASK ABOUT THIS PROPERTY

Jack CollinsHorvath & TremblayMore Info
312-548-6822

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Jack CollinsHorvath & TremblayMore Info
312-548-6822

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