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Investment Highlights

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

Executive Summary

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.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
510 SF
Building Class
B
Year Built
2024
Price
$1,666,665
Price Per SF
$3,267.97
Cap Rate
6%
NOI
$100,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
0.75 AC

Amenities

  • Drive Thru

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Accommodation and Food Services
  • -
  • -
  • Sep 2040

7 Brew was founded in 2017 in Arkansas as a drive-thru coffee concept built around fast service and a friendly customer experience. The company’s menu now spans coffee, energy drinks, teas, lemonades, smoothies, shakes, and fizz sodas, with a strong emphasis on customization and made-to-order drinks. 7 Brew also highlights its community focus through its “Cultivate Kindness” message and charitable giving efforts. Over time, the business has expanded from its original Arkansas roots into a broader U.S. presence as a drive-thru beverage brand.

Tenant Industry SF Occupied Rent/SF Lease End
Accommodation and Food Services - - Sep 2040
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
70/100

Nearby Major Retailers

Starbucks
Herc Rentals
MOOYAH Burgers, Fries & Shakes
Old National Bank
Woodforest National Bank
Golden Corral
Aurelio's Pizza
Rent-A-Center
Checkers and Rally's
Planet Fitness

Property Taxes

Property Taxes

Parcel Number
05-06-12-417-065
Land Assessment
$111,384
Improvements Assessment
$40,784
Total Assessment
$152,168
  • Listing ID: 40600809

  • Date on Market: 5/20/2026

  • Last Updated:

  • Address: 2421 W Jefferson St, Joliet, IL 60435

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