3000 Plainfield Road Joliet, IL 60435

Listing agency SRS Real Estate Partners Newport Beach p***@srsre.com Show Phone

Listed by Matthew Mousavi · License #CA 01732226

Source Crexi

Added: Apr 12 Updated: Jul 21 at 8:53PM Checked: Jul 21 at 8:53PM

Report an Issue

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 SRS Real Estate Partners Newport Beach

---

Investment Insights

Based on property information with market context.

This offering provides the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN, drive-thru-equipped Raising Cane’s Chicken Fingers property. The tenant, Raising Cane’s Restaurants, L.L.C., recently executed a brand new 15-year lease with five (5-year) options to extend. The lease includes 10% rental increases every five years throughout the initial term and at the beginning of each option period. Raising Cane’s is under an absolute NNN corporate ground lease and is responsible for the construction and costs of the improvements.

The property is located along Plainfield Road, described as a retail thoroughfare with 34,400 vehicles passing by daily, and it benefits from nearby on/off ramp access to Interstate 55. The site is positioned as an outparcel to Louis Joliet Mall, with additional nearby retail destinations including Louis Joliet Pointe and Joliet Commons Shopping Center.

The building is planned to be complete with a drive-thru, supporting on-site convenience for customers. The information provided also notes the tenant’s long-term operating footprint across the United States.

Key Highlights

• Leased fee interest (land ownership) in an absolute NNN drive‑thru Raising Cane’s investment property in Joliet, IL (Chicago MSA).
• Tenant, Raising Cane’s Restaurants, L.L.C., signed a brand‑new 15‑year lease with 5 (5‑year) options to extend.
• Lease includes 10% rental increases every 5 years during the initial term and at the start of each option period.

Property Analytics

Location Intelligence

Similar For Sale Nearby

• 

  $1,250,000

  10,311 SF

  Move-In Ready Office Building

  Freestanding, recently renovated office building with finished lower level and on-site parking near a medical center.

  2435 Glenwood Ave, Joliet, IL 60435

  View Details
• 

  $2,000,000

  128,000 SF

  Two-Story Retail Building with Loading

  Former Carson Pirie Scott store in good interior condition, with multiple entrances and two semi-trailer loading docks; B-2 zoning.

  3344 Mall Loop Drive, Joliet, IL 60433

  View Details
• 

  $399,900

  4,942 SF

  Remodeled Live-Work Flex Building

  Remodeled flex building with an open high-bay, office, and a two-story one-bedroom apartment for live or rent.

  210 Moen Avenue, Joliet, IL 60436

  View Details
• 

  $1,999,000

  11,050 SF

  Turnkey Medical Office Suite

  Recently renovated medical suite with exam rooms and reception-ready interior for immediate patient-facing occupancy.

  1445 Essington Road, Joliet, IL 60435

  View Details
• 

  $1,050,000

  9,410 SF

  Freestanding Office Building Near I-80

  Turnkey office building with high-quality construction and professional image.

  2439 Glenwood Avenue, Joliet, IL 60435

  View Details
• 

  $1,666,665

  510 SF

  New 7 Brew Ground Lease

  New construction 7 Brew ground lease in Joliet, Illinois.

  2421 West Jefferson Street, Joliet, IL 60435

  View Details
• 

  $324,900

  960 SF

  Joliet Office Condo For Sale

  960 SF office condo in prime Joliet location.

  2720 Caton Farm Rd, Joliet, IL 60435

  View Details
• 

  $2,000,000

  Two-Story Former Department Store

  Former anchor space in a Joliet shopping mall with multi-directional entrances and loading docks, suited for retail or adaptive reuse.

  3340 Mall Loop Drive, Joliet, IL 60433

  View Details
• 

  $2,300,000

  18,000 SF

  Downtown Joliet High-Profile Location

  Rare opportunity in Joliet's vibrant downtown business district.

  16-18 West Van Buren Street, Joliet, IL 60432

  View Details
• 

  $2,495,000

  Medical Office Condo Complex

  Fully leased office condo complex in Joliet with multiple suites and tenant-managed utilities and insurance.

  1523 Essington Road, Joliet, IL 60435

  View Details
• 

  $1,325,000

  7,680 SF

  Freestanding Office Building

  Built in 2010, this 7,680 SF office building offers a flexible layout and ample on-site parking.

  3601 Mcdonough Street, Joliet, IL 60431

  View Details
• 

  $699,900

  7,470 SF

  Six-Unit Apartment Building

  Well-maintained six-unit building with six 2-bedroom, 1-bath units, separate utilities, and six tenant parking spaces.

  364-366 Western Avenue, Joliet, IL 60433

  View Details

FAQs

What type of property is this?

Drive through restaurant - Absolute NNN drive-thru restaurant opportunity with a new long-term Raising Cane’s lease.

Where is this drive through restaurant located?

The property is located at 3000 Plainfield Road Joliet, IL.

What are key features of this property?

This property features: Leased fee interest (land ownership) in an absolute NNN drive‑thru Raising Cane’s investment property in Joliet, IL (Chicago MSA).; Tenant, Raising Cane’s Restaurants, L.L.C., signed a brand‑new 15‑year lease with 5 (5‑year) options to extend.; Lease includes 10% rental increases every 5 years during the initial term and at the start of each option period.