Retail Property In Naperville Sold For $3.5M With The Boulder Group As Brokers

This transaction involves the sale of a retail property located at 1552 Illinois Route 59 in Naperville. The asset, which is 22,888 square feet in size, has a sale price of $3,500,000 and sits on 2.4 acres of land. The property is currently occupied by Staples with a net lease extending through March 2032, following nearly two decades of occupancy.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $3,500,000
• Square Footage: 22,888 SF
• Price Per Square Foot: $153
• Address: 1552 Illinois Route 59
• Market: Naperville
• Acres: 2.4

The Boulder Group facilitated this transaction with brokers Randy Blankstein, Jimmy Goodman, and John Feeney representing the deal. Their involvement was crucial in the successful negotiation of the terms for the sale of this single-tenant net-leased asset.