Pet Supply Plus 270 N Bolingbrook Dr 7,656 SF Retail Building Bolingbrook, IL 60440 $3,665,983 CAD ($478.84 CAD/SF) 8.01% Cap Rate

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