JOLIET, IL — If you’ve been looking for a new business investment opportunity in Joliet, one that will cost you less than $3 million, you’re in luck. The building and land occupied by the Verizon Wireless store at 3330 West Mall Loop Drive is for sale. The asking price? It’s $2,312,000.
According to the listing on LoopNet, “The tenant, Cellco Partnership, executed a rare 7-year lease extension in 2015 providing for an initial term through 2022. The lease is corporate guaranteed by Cellco Partnership and is NNN with landlord responsibilities limited to roof and structure, making it an ideal, low-management investment opportunity for a passive investor.”
San Diego’s Chad Lieber of the SRS National Net Lease Group is the property’s real estate agent. The Joliet building near the Louis Joliet Mall encompasses 4,500 square feet.
If you’re interested in buying the Joliet property for the Verizon Wireless store, SRS’s Lieber can be reached at 619-489-9004.
At the moment, the Verizon Wireless store isn’t the only major real estate property for sale near the Louis Joliet Mall.
On July 13, Joliet Patch reported that the Texas Roadhouse property is now for sale at $4.5 million at 3151 Tonti Drive. Texas Roadhouse recently signed a new 15-year lease agreement to remain at the 1.5-acre property.