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The Picklr | Fastest Growing Indoor Pickleball Franchise | 8.00% Cap Rate | 10+ Years of Term | Annual Rent Increases

$5,709,000

111 South Weber Road, Bolingbrook, IL 60490

Active
Last Updated: 11/12/2025

8

Cap Rate

456,720

NOI

Details:
Cap Rate:    8%
NOI:    $456,720
Building Size:    33,111 sqft
Lot Area:    3.74 acres
Lease Type:    Triple Net
Year Built:    2001
Tenancy:    Single
Parking Spots:    170
Construction Status:    Under Renovations
Roof:    Tenant Responsibility
Investment Strategy:    Core Plus
Lease Expire Year:    4/29/2036
Highlights:
  • Strong Corporate Tenant
  • New Buildout w/ Strong Lease Structure
  • Recent Capital Improvements
  • High Traffic Corridor
Description:

The NNN Fitness Group of Marcus & Millichap is pleased to present The Picklr in Bolingbrook, IL, a brand-new indoor pickleball facility featuring a complete new buildout, new roof with a 15-year warranty, and new HVAC systems (2025). The 33,111 SF property sits on 3.74 acres and is backed by a 10-year NNN lease commencing April 2026, with 2% annual rent increases and two 5-year renewal options. The structure is the only landlord responsibility, offering long-term, stable income.

Leased to The Picklr, the world’s largest and fastest-growing indoor pickleball franchise, this location benefits from strong national brand momentum—50+ open clubs, 500+ franchises sold, and backing from Super Bowl Champion Drew Brees. Located along S. Weber Rd and W. Boughton Rd in a prime retail corridor surrounded by Target, Meijer, Lowe’s, and Chick-fil-A, the property serves an affluent community with average household income over $150K within three miles.

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