104 Bolingbrook Dr, Bolingbrook, IL 60440
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.