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704 N Janes Ave
Bolingbrook, IL 60440

$2,058,000 USD

Restaurant For Sale  •  6,600 SF

Property Details

• Property Type Restaurant
• Total Building Size 6,600 SF
• Lot Size 1.76 AC
• Building Class B
• Year Built 2007
• Cap Rate 7.50 %
• Tenancy Single

0 Transit Score

51 Walk Score

Highlights

10-year lease featuring above market 2.5% annual rental increases throughout the base term and options

Meijer outparcel on large 1.76 acre lot

Across the street from The Promenade Bolingbrook - a 500,000+ SF regional shopping mall subject to 3.5M annual visitors

The shopping center is going through a major upgrade with numerous tenants backfilling the Macy’s and other buildings

Experienced restaurateur with 9 different restaurant concepts within the county (5 Hook & Reel, 2 K-Pot, 1 Cajun Crab Shack, and 1 sushi restaurant)

Affluent Chicago submarket – $132,000 average household incomes within a 5-mile radius of the subject property

Property Flyers

Pier9_BolingbrookIL

Cap Rate:

7.50 %

Public Transportation

Commuter Rail	Drive	Walk	Distance
Lemont Station (Heritage Corridor Line - Northeast Illinois Regional Commuter Railroad (Metra))	12 min	-	6.1 mi
Belmont Station (Burlington Northern-Santa Fe Railway Line - Northeast Illinois Regional Commuter Railroad (Metra))	15 min	-	6.2 mi
Airport	Drive	Walk	Distance
Chicago Midway International	28 min	-	18.2 mi
Chicago O'Hare International	44 min	-	29.6 mi