2031 S Route 59 - Auto Repair FOR SALE


Plainfield, IL 60586
$1,650,000 USD
630-570-2200
2031 S Route 59, Plainfield, IL for Sale
$1,650,000 USD
Auto Repair - FOR SALE
1/9
null | 7% Cap Rate

2031 S Route 59
Plainfield, IL 60586


HIGHLIGHTS

  • Long-Term Net-Leased Tuffy Tire & Auto Service | Tenant Since 2002 and Over 7 Years of Term Remaining
  • Prime Will County Location
  • 50ft of Frontage Along Route 59 Which Sees 28,900 Vehicles per Day
  • 1.4 Miles from Interstate 55 Which Sees 78,800 Vehicles per Day
  • Located Within a Major Retail Corridor | Surrounded by Top Rated National Retailers
  • Average Household Income of $118,754

OVERVIEW

Marcus & Millichap is pleased to exclusively offer a long-term net-leased Tuffy Tire & Auto Service Center in Plainfield, IL. Tuffy Tire & Auto Service has been a tenant since 2002 and has more than 7 years remaining on the lease. Additionally, there is a scheduled 7% rental increase starting in June 2027. Located in Will County, the property enjoys a strategic advantage over neighboring Cook County. Positioned along Route 59, which sees 28,900 vehicles per day, the property offers excellent visibility with 50 feet of frontage. It is also conveniently located near several high-traffic roads: 0.5 miles from Caton Farm Road (24,600 VPD), 0.6 miles from W Theodore Street (17,300 VPD), and 1.4 miles from Interstate 55 (78,800 VPD). The property sits within a major retail corridor, surrounded by top-rated national retailers, including the Caton Crossing shopping center, which attracts 2.3 million annual visitors and is ranked in the top 18% of shopping centers nationwide. Nearby national tenants include Tony’s Fresh Market, Giordano’s, Dunkin’, Subway, and more. Additionally, it is located within 0.6 miles of a high-performing Jewel-Osco and Kohl’s, drawing 1.4 million and 620.8K annual visitors, respectively. Jewel-Osco ranks in the top 9% of locations nationwide, while Kohl’s is in the top 4%. The property is also 0.9 miles from a recently built CarMax (2023) and just 1 mile from a top-ranked Walmart Supercenter, attracting 2.8 million annual visitors and ranked in the top 7% of locations in Illinois. The area benefits from dense, affluent demographics, with a 6.06% population growth from 2010-2020 and a projected growth of 1.75% by 2028 within a five-mile radius. There are 76,015 residents and 53,447 workers within a three-mile radius, and the average household income within a one-mile radius is $118,754.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$458 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,750 SF

ZONING

-

APN/PARCEL ID

06-03-33-211-022-0000

ASK ABOUT THIS PROPERTY

Adrian MendozaSharko | Weisenbeck | Mendoza GroupMore Info
630-570-2200

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Adrian MendozaSharko | Weisenbeck | Mendoza GroupMore Info
630-570-2200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.