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    OFF-MARKET
    Retail properties & Spaces

    104 Bolingbrook Dr, Bolingbrook, IL 60440

    79,678 SF Built 1987
    Property ID
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Retail properties & Spaces
    Year built 1987
    Total area 79,678 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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    Zoning & alternative use
    Permitted uses
    Permitted uses
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