270 N Bolingbrook Dr - Freestanding FOR SALE


Bolingbrook, IL 60440
$2,650,000 USD
312-335-3229
270 N Bolingbrook Dr, Bolingbrook, IL for Sale
$2,650,000 USD
Freestanding - FOR SALE
1/5
null | 8.01% Cap Rate

270 N Bolingbrook Dr
Bolingbrook, IL 60440


HIGHLIGHTS

  • Freestanding retail building with national tenant
  • Located on Menards outlot with strong co-tenancy
  • Long-term lease with structured rent escalations
  • Strong demographics and retail synergy in Bolingbrook
  • High visibility and traffic counts near I-55

OVERVIEW

Positioned on a high-visibility outlot within the bustling Menards Plaza, 270 N. Bolingbrook Dr. offers investors a rare opportunity to acquire a fully leased, single-tenant retail asset with a nationally recognized occupant—Pet Supplies Plus. The property spans 7,656 SF on 1.20 acres, featuring a freestanding building with abundant parking and excellent ingress/egress just 1.3 miles north of I-55. Located in Bolingbrook, IL, a thriving suburb only 25 miles from the Chicago Loop, the site benefits from strong supporting demographics, including a population of 72,413 and an average household income of $126,932 within a 3-mile radius. The tenant has occupied the space since 2007 and is committed through January 2027 under a NNN lease, with the landlord responsible only for roof, structure, and exterior walls. The lease includes 2.5% annual rent escalations and four 5-year renewal options, with future rent increases already structured. The property generates a gross income of $262,648, with a net operating income of $212,203, reflecting a cap rate of 8.0%. Positioned adjacent to Culver’s, Marquette Bank, and Menards, the site enjoys 29,200 ADT and strong retail synergy. This asset is ideal for investors seeking stable cash flow, minimal management responsibilities, and long-term upside in a high-demand corridor

FOR SALE DETAILS

PRICE

$2,650,000 USD

PRICE/SF

$346 USD /SF

CAP RATE

8.01%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pet Supply Plus

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

1.2 AC

LAND SF

52,272 SF

ZONING

C

APN/PARCEL ID

12-02-11-312-007

ASK ABOUT THIS PROPERTY

Mark JonesJameson Commercial Real EstateMore Info
312-335-3229

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Mark JonesJameson Commercial Real EstateMore Info
312-335-3229

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