Own Joliet's New Chick-Fil-A Property: Here's How To Do It

Restaurants & Bars

Own Joliet's New Chick-Fil-A Property: Here's How To Do It Founded in 1967, Chick-fil-A is among the most popular quick service chains in the United States with over 3,000 operating locations.

JOLIET — The idea has probably crossed your mind over the past six months. You see the long lines of cars in the double drive-thru at Joliet's Plainfield Road Chick-fil-A and you ask yourself, why didn't I think about acquiring the Chick-fil-A property first?

Well, guess what, there's another golden opportunity awaiting, one that does not come around very often. According to LoopNet, the future Joliet Chick-fil-A that will be built at 201 South Larkin Avenue , on the property now occupied by the vacant Steak-N-Shake, is now for sale.

"The property is ideally situated as an outparcel to a Sam's Club anchored center," according to LoopNet.

Alas, owning Joliet's second Chick-fil-A property won't be cheap. You will need to hand over more than $2.9 million to make the future Chick-fil-A yours.

According to the LoopNet listing from SRS National Net Lease: "The tenant, Chick-fil-A, Inc., recently signed a brand new 15-year lease with 12 (5-year) option periods left to extend, demonstrating their long-term commitment to the site. The lease features 7.50 percent rental increases every 5 years throughout the initial term and option periods, growing NOI and hedging against inflation."

How successful is the Chick-fil-A restaurant franchise, you ask?

The Joliet property listing indicates that Chick-fil-A was founded in 1967 and "is among the most popular quick service chains in the United States with over 3,000 operating locations."

If you are interested in learning more, visit the LoopNet website for more details on how you can become the proud the owner of Joliet's second Chick-fil-A. And who knows, maybe Mayor Terry D'Arcy and City Councilwoman Jan Quillman would let you cut the ribbon during the grand opening when the Chick-fil-A gets built, presumably in 2025.