Pickleball Kingdom
$5,995,000
1700 Orchard Gateway Boulevard, North Aurora, IL 60542
For Sale
Special Purpose
Sports Entertainment
Active
Last Updated: 02/19/2026
8.1
Cap Rate
485,595
NOI
Details:
Cap Rate: 8.1%
NOI: $485,595
Price Per Sqft: $169.75
Year Last Renovated: 2026
Highlights:
- New 10.5-year lease featuring 10% rental increases every 5 years throughout the base term and options
- Well below replacement cost at $169/ft.
- Traffic counts in excess of 81,000 and strong draw from Target
- 1.9M annual visits and 42 minutes of average dwell time at the center
- Pickleball Kingdom has 68 locations in 26 states
- Very strong personal guarantors (multiple) in excess of $60M (ask Agent for more details)
- The $1.9B pickleball industry is projected to grow another 16%+ in 2026 demonstrating continued growth
Description:
A brand-new 10.5-year Pickleball Kingdom lease featuring 10% rental increases every 5 years throughout the base term and option periods. Subject property is located in North Aurora Towne Center – a 430,000+ SF power center drawing 1.9M annual visitors.
Exclusively Listed by:
CPPCRE ILLINOIS, LLC – I L LIC# 481.014466
BENJAMIN UDELL
Managing Broker
budell@cppcre.com
PH: 847.345.2827
IL LIC# 471.022764
Documents:
| Title | ||
|---|---|---|
|
PickleballKingdom_NorthAuroraIL.pdf
|
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery