1634 N State Route 50
Bourbonnais, IL 60914

Kaplan Retail Group of Marcus & Millichap is pleased to present 1630 N State Route 50, a 3-tenant Retail Strip located in Bourbonnais, Illinois directly off of Interstate 57 with a combined intersection traffic count of 60,000+ vehicles per day. Built in 2016 and an outparcel of Northfield Squar e M all, this center is located on the main retail corridor in Bourbonnais at a signalized corner directly across the street from the Target anchored Water Tower Plaza. Bourbonnais is 45 minutes South of Chicago, and home to the Chicago Bears Training Camp, nicknamed "Bearbonnais ". Bourbonnais is a highly educated area with over 26% of people over 25 having a college degree. This is partially because of the two colleges/universities that call Bourbonnais hom e Olivet Nazarene University and Kankakee Community College. The highly educated work force sheds light to the average household income of $74,000+. With a strong hous eho ld income Bourbonnais has a high retail sales per capital of $31,222 as well as food service sales of $3,117 per capita. Bourbonnais is one of the fastest growing metros in Illinois and has seen $1.5 billion in total investments flooding to the a rea between 2014 2017. This investment has gone to developing Industrial assets and Retail assets which has in turn expanded the work force and spurred the economy. The tenants Mattress Firm, Starbucks, and Visionworks all have their initial lease terms expiring in 2025. Mattress Firm and Visionworks both have two 5 year extensions with rent increases of 10%. Starbucks has 4 five year extension periods commencing in 2025, each extension with 5% increases. Please inquire for any additional details.