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Absolute NNN Ground Lease
For Sale
Contact for pricing
Pending

3250 Chicagoland Cir, Joliet, IL 60435

Single-tenant occupancy with no landlord responsibilities under an absolute NNN lease.

Property SizeContact for details
Days on Market143

Property Features for 3250 Chicagoland Cir

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Colliers - Los Angeles - Orange County, California
Listed By: Jereme Snyder · License #CA 01360233
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 6:02PM

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 Colliers - Los Angeles - Orange County, California

Investment Insights

Based on property information with market context.

This single-tenant asset includes a 12,448 SF building on a 1.08-acre parcel occupied by Chuck E. Cheese. The absolute NNN ground lease carries a corporate guaranty from CEC Entertainment, LLC, with 8.9 lease years remaining in the primary term, one 5-year option, and 10% rent increases every 5 years. The lease structure assigns no landlord responsibilities.

The property is located at 3250 Chicagoland Cir in Joliet, IL, within the Chicago MSA. Access is available from Interstate 55, also identified as the Barack Obama Presidential Expressway, and Plainfield Road, also known as Lincoln Highway. Combined traffic on those routes exceeds 118,000 VPD. Louis Joliet Mall is within a half mile and includes over 90 stores across nearly 1 million SF of retail. Costco, Best Buy, The Home Depot, Target, Dick’s Sporting Goods, Chick-fil-A, Chipotle, Raising Cane’s, Wendy’s, Taco Bell, and Starbucks are also nearby.

Key Highlights

  • 12,448 SF building on a 1.08‑acre parcel
  • Absolute NNN ground lease with no landlord responsibilities
  • Chuck E. Cheese occupancy with corporate guaranty from CEC Entertainment, LLC

Property Analytics

Current Use

Buddy V's Cake ... Restaurant Chuck E. Cheese Restaurant

Suggested Use

Top Pick Law Firm Real Estate Agency Nail Salon Electrical Service Parking Lot & Garage Spa & Massage Center

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

Location Intelligence

Trade Area within ½ mile

387
Businesses Nearby
522k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 27% Superstores 26% Shops & Services 20% Electronics 9%
Costco Wholesale Superstores
133,261 visits/mo 0.3 miles
Costco Gasoline Shops & Services
63,419 visits/mo 0.4 miles
Macy's Apparel
46,790 visits/mo 0.5 miles
Raising Cane's Chicken Fingers Dining
41,844 visits/mo 0.4 miles
Best Buy Electronics
40,381 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

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?
NNN property - Single-tenant occupancy with no landlord responsibilities under an absolute NNN lease.
Where is this nnn property located?
The property is located at 3250 Chicagoland Cir Joliet, IL.
What are key features of this property?
This property features: 12,448 SF building on a 1.08‑acre parcel; Absolute NNN ground lease with no landlord responsibilities; Chuck E. Cheese occupancy with corporate guaranty from CEC Entertainment, LLC
(949) 724-5561 Call to check price and availability
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