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Dollar Tree & Osaka Hibachi
Joliet, IL 60431
Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
20,000 SF
Building Class
B
Year Built
1993
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
1.82 AC
Zoning
B-2
Parking
96 Spaces (4.5 Spaces per 1,000 SF Leased)
Frontage
285’ on Colorado Avenue

AMENITIES

  • Signage

ABOUT DOLLAR TREE & OSAKA HIBACHI , JOLIET, IL 60431

We are pleased to offer to qualified investors an opportunity to purchase a two tenant NNN investment fully leased to Dollar Tree and Osaka Hibachi Grill & Sushi. Exceptionally located just off Hwy 55 in Joliet, IL and as an outparcel to the Louis Joliet Mall; this property benefits from the prominent retail trade area surrounding it (regional draw) which includes tenants such as The Home Depot, Target, PetSmart, Cinemark, Michaels, McDonald’s, Wendy’s, and many more. Showcasing the strength of this location and their commitment to the property, Dollar Tree has elected to extend the current lease term by two years (through 6/30/2023) and exercise their second option early committing to this location through 6/30/2028. This is an excellent opportunity to acquire a two tenant building which features a brand new roof, a Fortune 500 company with 10 years remaining, along with a personally guaranteed lease for a Japanese grill and sushi restaurant on a brand new 5 year lease with 2% annual increases providing an effective inflation hedge.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06-03-25-105-005
Land Assessment
$145,625
Improvements Assessment
$754,375
Total Assessment
$900,000
  • Listing ID: 12567506

  • Date on Market: 5/14/2018

  • Last Updated:

  • Address: Dollar Tree & Osaka Hibachi, Joliet, IL 60431

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