7-Eleven NNN — Plainfield, IL

Updated November 5, 2026

$3,665,000 · 5.50% CAP · 9 YRS

2020-built freestanding 7-Eleven with fuel and diesel at 15809 S Route 59 in Plainfield, about 3,500 SF on 0.99 acres, fee simple. Asking $3,665,000, a 5.50% cap on $201,563 rent, rising 7.5% to $216,680 in November 2030. 7-Eleven corporate is on the lease, which runs to October 2035, about 9.0 years, plus three renewals of five years. Structure and foundation stay with the landlord, so this is NNN rather than absolute. The site is near Boulevard Place, a 172-acre project anchored by Costco. Any bonus depreciation in the marketing should be run past your tax advisor. Plainfield is a southwest suburb of Chicago.

Lease Abstract

Price

$3,665,000

Cap rate

5.50% CAP

NOI

$201,563

Term remaining

9 YRS

Lease type

NNN

Increases

7.5% every 5 years; next on 11/1/2030

Options

3 x 5-year

Guarantee

Corporate

Building

3,500 SF

Lot

0.99 AC

Year built

2020

Listing information is deemed reliable but not guaranteed — pricing, cap rates, and lease terms are subject to change, prior sale, or withdrawal without notice.

Property Details

3,500 SF building, built 2020, 0.99 acres of land. $1,047/SF asking, $57.59/SF NOI. Rent increases: 7.5% every 5 years; next on 11/1/2030. Renewal options: 3 x 5-year. Corporate guarantee. Primary term ends around 2035 (9 yrs left at listing, Nov 2026).

Location

Plainfield, Illinois — 15809 S Rte 59, Plainfield, IL 60544. Full address and offering memorandum released on request — see our 7-Eleven tenant guide and the Illinois market page for the underwriting context.