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Panera | Walmart Outparcel | Chicago MSA

Panera | Walmart Outparcel | Chicago MSA

2400 West Jefferson Street
Joliet, Illinois


price: $4,448,419

gla: 5,077 SF

cap: 5.25%

lot: 1.58 Acres

built: 2006

noi: $233,542

  • Shadow Anchored by Walmart and Menards
  • New 20-Year Lease Commencing January 1, 2020
  • 10 Percent Rental Increase Every Five Years
  • Absolute-Net Lease | Zero Landlord Responsibility
  • Situated on Hard-Corner Intersection with Over 600 Feet of Frontage Along Jefferson Street and Joyce Road
  • Located in Dense Area | Within Three Miles There is a Day Time Population of 91,673
  • Heavily Traveled | Located Along Heavily Traveled Jefferson Street | 28,195 Vehicles Passing per Day
  • Notable Area Retailers Include Starbucks, Dollar Tree, ALDI, Sam’s Club, Walgreens, Chase Bank, Bakers Square, Panda Express, Wing Stop, Chipotle, Potbelly, Dunkin’ Donuts, Culvers and Many More
  • Half a Mile from Presence Saint Joseph Medical Center | 480 Beds
  • Third Largest City in Illinois | Located in Will and Kendall Counties

 

*Panera Representative Photo

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Austin Weisenbeck
Senior Vice President Investments

Tel: (630) 570-2169
Austin.Weisenbeck@marcusmillichap.com
 
* Broker of Record: Steven Weinstock