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    104 Bolingbrook Dr Bolingbrook, IL 60440

    Sponsored
    For Lease
    $14 SF/Yr

    Grocery-anchored retail space in Bolingbrook, IL

    Lot size:
    79,678 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Briar Square, a 79,678 square foot retail center in the thriving Bolingbrook, IL submarket of Joliet/Central Will County, presents a unique investment opportunity. Built in 1987 and renovated in 2003, this single-story building features a diverse tenant mix within its two suites. Currently, five individual spaces ranging from 1,272 to 1,898 square feet are available for lease. The property boasts a prime location at the northeast corner of Bolingbrook Drive (Route 53) and Briarcliff Road, offering excellent visibility and accessibility near I-55. Its strategic position benefits from high traffic volume, with a daily vehicle count of 35,600 on Bolingbrook Drive and 10,000 on Briarcliff Road (based on 2010 Census data). The center's grocery anchor draws significant traffic from Will and DuPage counties, creating a strong customer base for all tenants. The B-2 Community Retail zoning allows for a variety of commercial uses. This well-managed center is situated near expansive residential neighborhoods and corporate clients, providing a robust market for both established and new businesses. The property offers an exceptional opportunity to capitalize on the strong demographics and convenient location within the second largest village in Illinois.

    Property Features for 104 Bolingbrook Dr

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    79,678 SF
    Total Rate
    92957.67

    Building Details

    Year Built/Renovated
    1987/2003
    Stories
    1

    Unit(s) available at that property

    Space
    Unit 116
    Size
    1,707 SF
    Rate per SF
    $25
    Space
    Unit 152
    Size
    1,272 SF
    Rate per SF
    $27
    Space
    Unit 150
    Size
    1,898 SF
    Rate per SF
    $23
    Space
    Unit 154
    Size
    1,363 SF
    Rate per SF
    $27
    Space
    Unit 192
    Size
    1,292 SF
    Rate per SF
    $14

    HighLights

    • 79,678 SF retail building with two suites available.
    • Located in the Joliet/Central Will submarket, specifically Bolingbrook, Lisle, and Naperville cluster.
    • Grocery‑anchored center with high traffic volume from major roadways and surrounding counties.
    • Features a diverse tenant mix and is managed locally.
    • Offers five available spaces ranging from 1,272 to 1,898 square feet.
    • Built in 1987 and renovated in 2003, single‑story building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bolingbrook
    County
    Will
    State
    Illinois
    Longitude
    -88.0670444
    Latitude
    41.6989095

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    FAQs

    What type of property is this?
    Restaurant - Grocery-anchored retail space in Bolingbrook, IL
    Where is this restaurant located?
    The property is located at 104 Bolingbrook Dr Bolingbrook, IL.
    What is the lease rate?
    The lease rate is $14-$27 SF/Yr.
    What are key features of this property?
    This property features: 79,678 SF retail building with two suites available.; Located in the Joliet/Central Will submarket, specifically Bolingbrook, Lisle, and Naperville cluster.; Grocery-anchored center with high traffic volume from major roadways and surrounding counties.
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    104 Bolingbrook Dr Bolingbrook, IL 60440
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    104 Bolingbrook Dr Bolingbrook, IL 60440
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