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Off Market
1/9

111 S Weber Rd
Bolingbrook, IL 60490


OVERVIEW

Premier Tenant: Headquartered in Columbus, Ohio, Big Lots, Inc. (NYSE: BIG, S&P: BBB-) is a discount retailer that offers competitive pricing on a large range of merchandise, including furniture, seasonal items, home goods, food, consumables, electronics, toys, and accessories. Originally founded in 1967, Big Lots currently operates a total of 1,401 stores with approximately 35,600 employees. As of August 3, 2019, Big Lots, Inc. reported TTM net sales of $5.3 billion and TTM net income of $123.2 million. The tenant under the Lease is PNS Stores, Inc., a subsidiary of Big Lots. Net Lease: Big Lots’ net lease was recently extended and features ±4.2 years of primary term remaining with three 5-year renewal options. Excellent Access & Visibility: The property is positioned at the signalized intersection of South Weber Road (29,500 VPD) and Thackeray Drive, where it is 28 miles southwest of downtown Chicago. Strategic Location: Big Lots is an anchor-tenant to the ±277,000-square-foot Country Aire Plaza, which is occupied by Home Depot, Goodwill, Sprint, Lumber Liquidators Flooring, Cabinets To Go, Rockler Woodworking and Hardware, Bulldog Ale House, The Patio and Casa Margarita, among others. The property is diagonally across from The Vitamin Shoppe and directly adjacent to the Clow International Airport—a public general aviation airport that is home to the Illinois Aviation Museum and JW Aviation Flight School. Prominent Retail & Commercial Corridor: Big Lots benefits from its position within Bolingbrook’s prominent retail and commercial corridor with 3.0 MSF of retail, 1.8 MSF of office, 34.5 MSF of industrial and 1,582 multifamily units within a 3-mile radius. Major retailers within the immediate vicinity include Target, Lowe’s, Meijer, Jewel-Osco, ALDI, Kohl’s, Hobby Lobby, Marshalls, Ross Dress for Less, Regal Cinemas, Best Buy, PetSmart, OfficeMax, Walgreens, Chick-fil-A, McDonald’s, GNC, Party City, Advance Auto Parts, Starbucks, Red Lobster, Chipotle and GameStop, among an abundance of others.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Big Lots: Bolingbrook, IL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

33216

STORIES

1

YEAR BUILT

2001

SPRINKLERS

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PARKING SPACES

170

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

12-02-17-109-010