Investment Overview

Marcus & Millichap is pleased to offer for sale a 40,653 square foot vacant restaurant / bowling / entertainment venue in the very affluent Naperville community of Chicago, IL, the 3rd largest city in the United States. The facility currently contains 12 Bowling Lanes, Billiard Tables, Laser Tag Facility, 2 WhirlyBall Courts, and a full restaurant. The venue also features two 2nd level outdoor patios overlooking Topgolf. This building is Class “A” concrete tilt wall construction built in 2019 with open floor plan and high ceilings. It can be utilized as an entertainment venue or repositioned for a corporate headquarters, medical center, designer showroom, dealership, fitness center, self storage, or a host of other options. The property is situated on the northwest section of Interstate 88 and Highway 59 in Naperville, a very affluent western submarket of Chicago. The property is part of City Gate West, an exciting mixed-use development master-planned to be a unique live, work, play environment, and vibrant entertainment district. Top Golf, a very popular entertainment destination, already exist on site and will be energized by the proposed commercial, hotel, residential, and office uses. Residential apartments will be a live/work design model, allowing for small businesses to work out of their home, with street level office space. City Gate West, as branded, will serve as a gateway to Naperville and have strong connectivity to the adjacent mixed-use development of City Gate East, and multi-use sport and entertainment facility of City Gate North, bringing synergy to this premier Naperville location. This submarket comprises over 4 million square feet of office such as CityGate Centre, hotels like Arista, numerous shopping destinations, and high end residential golf course communities. This dense location has 161,436 people within 5 miles earning an average income of $134,691 and has combined surrounding traffic counts in excess of 154,000 vehicles daily.