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Dollar Tree & Osaka Hibachi
Joliet, IL 60431
Retail Property For Sale
PROPERTY FACTS
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
| Parcel Number | 06-03-25-105-005 | Improvements Assessment | $754,375 |
| Land Assessment | $145,625 | Total Assessment | $900,000 |
PROPERTY TAXES
