Tacos El Tio | Joliet, IL
For Sale
Tacos El Tio | Joliet, IL
Asking Price: $1,300,000
| Cap Rate: 6%
- Net Operating Income: $78,000
- Weighted Avg. Lease Term (WALT): 5 Years
- Lease Type: Absolute Net
Property Highlights
- Leased to Tacos El Tio #6 on a new 5-year absolute net-lease; zero landlord responsibilities
- Placed in high traffic corridor of Joliet along Jefferson Street, which sees approximately 27,619 VPD
- Densely Populated area with 149,970+ residents and an average household income of $81,300 within a 5 mile radius
- Surrounded by national and regional retailers: McDonald’s, Wendy’s, Dunkin’, Jewel Osco, Sam’s Club and more
