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32781757
32781709

2421 West Jefferson Street, Joliet, IL 60435 For Sale

JC
IL 475.204707
Horvath & Tremblay
Listed by Horvath & Tremblay
$1,666,665
58 days on market
Updated 52 days ago

7 Brew

Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 510
Cap Rate 6%
NOI $100,000
Tenancy Single
Lease Expiration 09/30/2040
Remaining Term 14
Rent Bumps Yes
Lease Options 8, 5-Year Options
Year Built 2025
Buildings 1
Acreage 0.750
Tenant Credit Franchisee
Lease Commencement 09/29/2025
Ground Lease Yes
Ownership Ground Lease

Retail | 6.00% Cap Rate | 510 Sq Ft

Marketing description

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the new construction 7 Brew ground lease located at 2421 W Jefferson Street in Joliet, Illinois (the “Property”). Constructed in 2025, the Property is improved by a free standing 510 square foot building on a 0.75-acre corner parcel. 7 Brew has 14+ years remaining on its Absolute NNN Ground Lease with eight (8), 5-year renewal options. The lease calls for attractive 10% rent increases every five years throughout the primary lease term and at the start of each renewal option. The Property is strategically positioned along W Jefferson Street, one of the area’s primary commercial and commuter corridors. The site benefits from its proximity to major traffic drivers, including Walmart Supercenter and Menards (both across the street), and is surrounded by a mix of national and local retailers and restaurants that generate consistent consumer activity.

7 Brew Coffee occupies a strategic location along West Jefferson Street, one of the area’s primary commercial and commuter corridors, and benefits from direct access to the municipal bus line, enhancing convenience for both residents and daily commuters. The surrounding trade area includes a strong concentration of national retailers, restaurants, apartment communities, established residential neighborhoods, and area schools, creating a stable and built-in customer base. The site also benefits from proximity to Joliet Junior College, which contributes additional daytime population and consumer activity.

The Property offers exceptional regional accessibility via US Route 52, US Route 6, US Route 30, Illinois Route 7, Illinois Route 59, Interstate 80, and Interstate 55, providing efficient connectivity throughout the greater Chicagoland region. Located approximately 40 miles southwest of Chicago, Joliet serves as a major regional employment and transportation hub, further supporting the Property’s long-term accessibility and market appeal.

Investment highlights

NEW CONSTRUCTION: 7 Brew was constructed in 2025 and has 14+ years remaining on its Absolute NNN Ground Lease with eight (8), 5-year renewal options.

ATTRACTIVE RENT INCREASES: The lease calls for attractive 10% rent increases every five years throughout the primary lease term and at the start of each renewal option, providing an attractive increase in revenue.

EXCELLENT RETAIL LOCATION: The Property is positioned along W Jefferson Street, the area’s primary commercial and commuter corridor and is also on the municipal bus route, enhancing accessibility for commuters and visitors. Surrounded by national retailers and restaurants, established residential neighborhoods, apartment communities, area schools, and Joliet Junior College, the site benefits from a built-in and stable customer base. Additionally, the Property offers convenient access to key regional transportation routes, including US Route 52, US Route 6, US Route 30, Illinois Route 7, and Illinois Route 59, as well as Interstate 80 and Interstate 55, providing strong regional connectivity. Joliet is located approximately 40 miles southwest of Chicago, further enhancing the Property’s accessibility and regional draw.

DYNAMIC TENANT: 7 Brew is one of the fastest-growing drive-thru beverage brands in the country. The high-energy drive-thru coffee chain offers over 20,000 unique drink combinations from small, 500-square-foot, double-lane locations. As of 2026, the company operates approximately 675 locations across roughly 38 states, with hundreds of additional locations in development. This growth has positioned 7 Brew as one of the fastest-growing beverage chains in the country. This location is operated by Who Brew II, LLC, a prominent franchisee that is approaching approximately 25–30 locations open or in development.

ZERO MANAGEMENT RESPONSIBILITIES: 7 Brew has a Ground Lease and is responsible for real estate taxes, insurance, common area maintenance and capital expenses, making it an attractive investment for the passive real estate investor.

TRADE AREA: Additional retailers and attractions drawing consumers to the immediate trade area include Walmart Supercenter, Menards, Tony’s Fresh Market, Jewel-Osco, Aldi, Walgreens, Dollar Tree, Dollar General, Jiffy Lube, Take 5, Panera, Starbucks, McDonald’s, Chipotle, Burger King, Popeyes, Potbelly, Panda Express, Jack in the Box, White Castle, Checkers, Dairy Queen, Dunkin’ Wingstop, and Subway.

TRAFFIC COUNTS: On average more than 25,500 vehicles per day pass by the Property along W Jefferson Street (US Route 52).

DEMOGRAPHICS: Over 78,500 people live within 3 miles of the Property with an average household income of $101,312. More than 171,100 people live within 5 miles of the Property with an average household income of $110,009. Additionally, there are more than 60,600 employees within 5 miles of the Property.

Listing Contacts

JC
IL 475.204707
Horvath & Tremblay
Listed by Horvath & Tremblay

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$100,000.00
$8,333.33/mo

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DSCR
6%
Cap Rate
6%
ROI

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Additional Information

Name
JOHN PRZYBYLA
License
471010441
Title
Broker of Record
Name
Jack Collins
License
475.204707
Brokerage Phone
3125486822
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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