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Auto Service - Gas-Conv

Firestone | Corporate NNN Lease

2521 Plainfield Rd, Joliet, IL 60435

Listing Price: $3,040,000

Cap Rate
8.00%
Tenant Name
Firestone
Years Remaining On Lease
2.3
Guarantor
Corporate Guarantee
Rentable SF
7,653
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$31.77

Investment Overview

Marcus & Millichap is pleased to present Firestone Complete Auto Care, located in Joliet, Illinois. This internet-resistant national tenant has a strong, high-credit tenant with an “A” Standard & Poor’s rating. This triple-net lease is corporately guaranteed from an industry leading auto repair company and has limited landlord responsibilities. Attractive real estate fundamentals with high quality brick construction. The property features 10 service bays and ample parking available and easy access with four points of ingress and egress. The property is situated along a main retail thoroughfare and half a mile to the Louis Joliet Mall (980,000 square feet of retail | 95 stores). Notable major retailers in the area include Target, The Home Depot, Value City, Pet Smart, Barnes & Noble, Joann Fabrics, Five Below, Dick’s Sporting Goods, CVS and many more. There is excellent visibility along Plainfield Road (Lincoln Highway) with 23,175 vehicles passing per day. Surrounded by many new developments including Costco, Chick-Fil-A and Raising Canes. Situated in Will County with significantly lower taxes than adjacent Cook County. There are excellent demographics with 74,182 people living within three miles of subject property. The average household income is $90,765 within one mile of subject property. The daytime population is 189,036 within five miles of subject property.

Investment Highlights

  • Internet-Resistant National Tenant | Firestone Complete Auto Care
  • Corporately Guaranteed Lease from an Industry Leading Auto Repair Company
  • Triple-Net Lease | Limited Landlord Responsibilities
  • Attractive Real Estate Fundamentals
  • Situated Along a Main Retail Thoroughfare
  • Located in Will County | Significantly Lower Taxes than Adjacent Cook County
  • Excellent Demographics

Exclusively Listed By

Auto Service - Gas-Conv

Firestone | Corporate NNN Lease

Listing Price: $3,040,000

Cap Rate
8.00%
Tenant Name
Firestone
Years Remaining On Lease
2.3
Guarantor
Corporate Guarantee
Rentable SF
7,653
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$31.77

Investment Highlights

  • Internet-Resistant National Tenant | Firestone Complete Auto Care
  • Corporately Guaranteed Lease from an Industry Leading Auto Repair Company
  • Triple-Net Lease | Limited Landlord Responsibilities
  • Attractive Real Estate Fundamentals
  • Situated Along a Main Retail Thoroughfare
  • Located in Will County | Significantly Lower Taxes than Adjacent Cook County
  • Excellent Demographics

Investment Overview

Marcus & Millichap is pleased to present Firestone Complete Auto Care, located in Joliet, Illinois. This internet-resistant national tenant has a strong, high-credit tenant with an “A” Standard & Poor’s rating. This triple-net lease is corporately guaranteed from an industry leading auto repair company and has limited landlord responsibilities. Attractive real estate fundamentals with high quality brick construction. The property features 10 service bays and ample parking available and easy access with four points of ingress and egress. The property is situated along a main retail thoroughfare and half a mile to the Louis Joliet Mall (980,000 square feet of retail | 95 stores). Notable major retailers in the area include Target, The Home Depot, Value City, Pet Smart, Barnes & Noble, Joann Fabrics, Five Below, Dick’s Sporting Goods, CVS and many more. There is excellent visibility along Plainfield Road (Lincoln Highway) with 23,175 vehicles passing per day. Surrounded by many new developments including Costco, Chick-Fil-A and Raising Canes. Situated in Will County with significantly lower taxes than adjacent Cook County. There are excellent demographics with 74,182 people living within three miles of subject property. The average household income is $90,765 within one mile of subject property. The daytime population is 189,036 within five miles of subject property.

Exclusively Listed By

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