Investment Overview

Positioned for value-add, Stonebrook Place Shopping Center presents an enticing opportunity to enhance its current 82% occupancy rate. The property showcases a compelling mix of national and regional tenants, resilient against the online market, featuring notable names such as Wingstop, PT Solutions, and Once Upon a Child, along with regional tenants like 311 Dentist, El Balcon Restaurant, and Wapa's Beauty Salon. By leasing the available 3,404 square feet of vacant space, investors can capitalize on the untapped potential of this bustling shopping center. Strategically situated across the street from the highly visited Menards, Stonebrook Place benefits from a prime location that attracted over 753,400 visits in the past year alone, as reported by Placer.ai. Bolingbrook Drive, the road where the property enjoys high visibility, boasts an unobstructed frontage of 358 feet, ensuring maximum exposure to the 34,250 vehicles passing by each day. With the convenience of being merely 1.4 miles from the Interstate 55 interchange, the shopping center captures the attention of an impressive average daily traffic volume of 138,700 vehicles. The surrounding retail landscape further enhances the value proposition of Stonebrook Place. Within a mile's radius, renowned establishments such as Walmart, Walgreens, Dollar Tree, Tony's Fresh Market, and more are conveniently accessible, providing a dynamic and diverse shopping experience. Just two miles away, The Promenade Bolingbrook has an array of prominent retailers, including Bass Pro Shops, Macy's, Barnes & Noble, Ulta Beauty, Binny's, and a dine-in movie theater. The shopping center's adjacency to Meijer, IKEA, Costco, CVS, ALDI, Crumbl Cookies, Planet Fitness, and other major retailers adds to its allure, offering a comprehensive retail destination. Stonebrook Place Shopping Center not only benefits from its retail-centric surroundings but also provides easy access to essential amenities. With its advantageous location near ten hotels within a 2.5-mile radius and the reputable AdventHealth Bolingbrook, a mere 2.2 miles away, the property is primed to attract a steady flow of foot traffic. Boasting attractive demographics, Stonebrook Place draws from a sizable consumer base. Within a five-mile radius, approximately 200,248 individuals call this area home, while within a three-mile radius, 76,397 individuals work, indicating a steady stream of potential customers. The average household income surpasses $133,800 within the five-mile radius, reflecting the area's affluence and spending power. In summary, Stonebrook Place Shopping Center represents an excellent opportunity for value addition, allowing investors to leverage the property's current 82% occupancy rate. With a diverse mix of tenants, advantageous location across from Menards, high visibility on a heavily traveled road, and close proximity to a wide range of retailers and amenities, this property has the potential to thrive and cater to the needs of the Bolingbrook community. The attractive demographics and strong economic indicators further solidify its appeal, making Stonebrook Place an enticing prospect in the flourishing retail market.