Drive-Thru Restaurant
For Sale
Contact for pricing
Pending
3000 Plainfield Road, Joliet, IL 60435
Absolute NNN drive-thru restaurant opportunity with a new long-term Raising Cane’s lease.
Property SizeContact for details
Days on Market132
Property Features for 3000 Plainfield Road
General Information
Standard status
Pending
Property subtype
Retail
Site & Location
Traffic Count
34,400 vehicles/day
Highway Access
Yes
Listing Agency:
SRS Real Estate Partners Newport Beach
(480) 221-4221
Listed By:
Matthew Mousavi · License #CA 01732226
Source:
Crexi
Added: Apr 12
Changed: Aug 14
Last Checked: Aug 21 at 10:51AM
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.
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
Property Profile
Current Use
Lease Details
34,400 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
513
Businesses Nearby
740k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 32%
Shops & Services 27%
Apparel 20%
Electronics 7%
Macy's
Apparel
46,790 visits/mo
0.2 miles
Five Below
Shops & Services
42,430 visits/mo
0.5 miles
Raising Cane's Chicken Fingers
Dining
41,844 visits/mo
0.1 miles
Best Buy
Electronics
40,381 visits/mo
0.2 miles
JCPenney
Apparel
39,430 visits/mo
0.3 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
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Frequently Asked Questions
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.
