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    Freestanding Cannabis Dispensary with NNN Lease Title is generated by Realmo AI

    12627 S Rte 59, Plainfield, IL 60585

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    Newly built freestanding dispensary leased on a 10-year absolute NNN basis with corporate guarantee.

    Type:Retail
    Property size:
    3,500 SF
    Lot size:
    3.91 Acres
    Price / SF:
    $1,714/SF
    Added:
    Jun 17, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 20 at 7:17 am

    Property Features for 12627 S Rte 59

    General Information

    Standard status
    Active
    Size
    3,500 SF
    Lot size
    3.91 Acres
    Property subtype
    Retail

    Building Details

    Year Built
    2025

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    Listing Contact
    Charles Patawaran, CCIM

    Listing agent Charles Patawaran, CCIM License #TX 763861

    Listing office ReMax Commercial Real Estate Advisors

    Listing date Jun 17, 2026

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of ReMax Commercial Real Estate Advisors

    HighLights

    • Newly built, freestanding cannabis dispensary totaling approx. 3,500 SF (built 2025).
    • Leased to Aces Dispensary under a 10‑year absolute NNN lease with a corporate guarantee.
    • Year 1 NOI of $330,000 with 4.00% annual rent escalations.
    • Tenant is responsible for operating expenses, maintenance, taxes, and insurance under the absolute NNN structure.
    • Located on approx. 3.91 acres along Route 59 with over 30,000 vehicles per day.

    Overview

    The property is a newly constructed, freestanding cannabis dispensary totaling about 3,500 square feet, situated on approximately 3.91 acres. It is leased to Aces Dispensary under a 10-year absolute NNN structure with a corporate guarantee. Under the absolute NNN terms, the tenant is responsible for operating expenses, maintenance, taxes, and insurance.

    Located along highly trafficked Route 59, the site benefits from reported traffic of over 30,000 vehicles per day. The offering notes strong surrounding retail and residential growth, and positions the asset within Illinois’ limited-license cannabis market.

    For investors, the lease structure is designed to shift day-to-day cost responsibility to the tenant while providing a long-term income profile. The rent includes 4.00% annual escalations, and the offering materials cite Year 1 NOI of $330,000. The dispensary is operated by a multi-location Illinois operator with four operating dispensary locations throughout the state, supporting continuity under the lease term.
    Location Intelligence

    Current Use by Public Records

    Cannabis Properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Plainfield
    County
    Will
    State
    Illinois
    Longitude
    -88.202938
    Latitude
    41.654722

    FAQs

    What type of property is this?
    Cannabis property - Newly built freestanding dispensary leased on a 10-year absolute NNN basis with corporate guarantee.
    Where is this cannabis property located?
    The property is located at 12627 S Rte 59 Plainfield, IL.
    What is the asking price?
    The asking price for this property is $6,000,000.
    What are key features of this property?
    This property features: Newly built, freestanding cannabis dispensary totaling approx. 3,500 SF (built 2025).; Leased to Aces Dispensary under a 10‑year absolute NNN lease with a corporate guarantee.; Year 1 NOI of $330,000 with 4.00% annual rent escalations.
    More about this property
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