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Retail Space with Two Tenants
For Sale
Contact for pricing
Pending

2518 W Jefferson St, Joliet, IL 60435

Two established retail occupants have operated at the site since 2007, with remaining lease terms for both tenants.

Property SizeContact for details
Days on Market144

Property Features for 2518 W Jefferson St

General Information

Standard status Pending
Property subtype Retail

Building Details

Tenancy Multi
Listing Agency: GAIA Real Estate Investments
Listed By: Erika Carlson · License #CA 01789133
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 5:23PM

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 GAIA Real Estate Investments

Investment Insights

Based on property information with market context.

This retail property at 2518 W Jefferson St in Joliet, Illinois, is occupied by Starbucks and T-Mobile. Both tenants have operated from the location since 2007, providing a long operating history at the site. The Starbucks lease has 5 years remaining, while the T-Mobile lease has 4.2 years remaining. Both companies have exercised their available lease options before expiration.

The property is positioned in front of a Super Walmart and Menards, with an Aldi grocery store, Chipotle, and Potbelly retail center directly across W Jefferson Street. Its surrounding retail context places the building among several established national and regional commercial occupants.

Key Highlights

  • Two retail tenants: Starbucks and T‑Mobile
  • Starbucks lease has 5 years remaining
  • T‑Mobile lease has 4.2 years remaining

Property Analytics

Current Use

Starbucks Cafe & Coffee Shop

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Kitchen & Bath Showroom Building Supply Hotel & Motel Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,446
Businesses Nearby
347k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 32% Dining 24% Shops & Services 18% Home Improvements & Furnishings 16%
Walmart Superstores
110,582 visits/mo 0.3 miles
Menards Home Improvements & Furnishings
52,960 visits/mo 0.2 miles
Aldi Groceries
25,410 visits/mo 0.1 miles
Thorntons Shops & Services
21,503 visits/mo 0.2 miles
Starbucks Dining
16,524 visits/mo 0.0 miles

Demographics for 60435, IL

48,927
Population
20,162
Households
2.4
Avg Household Size
37
Median Age
23%
College-Educated
85%
High-School Grad
10.8 sq mi
ZIP Area
4,530
Density / Sq Mi
$74,967
Median Household Income
$41,201
Median Earnings
$1,145
Median Rent
$217,200
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Two established retail occupants have operated at the site since 2007, with remaining lease terms for both tenants.
Where is this retail space located?
The property is located at 2518 W Jefferson St Joliet, IL.
What are key features of this property?
This property features: Two retail tenants: Starbucks and T‑Mobile; Starbucks lease has 5 years remaining; T‑Mobile lease has 4.2 years remaining
More about this property
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