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The Crossroads at Briargate provides an investor the opportunity to participate in a newly constructed center located amongst strong demographics, positioned to take advantage of rental rate growth. The center is located approximately 35 miles Northwest from downtown Chicago in the Village of South Elgin, Illinois. Constructed in phases between 2004-2005 this 33,500 sf mixed use regional center was designed to compliment the location's appetite for national retailers.
The Crossroads at Briargate is a three-building Mixed-Use Retail/Office development whose primary tenants include Wells Fargo Financial, H&R Block, Delnor Community Hospital, Manor Restaurant, and Nextel along with a stale of strong regional tenants.
Located at the southwest corner of Randall and McDonald Roads, the property is centered amongst and adjacent to the nation's top retailers (all constructed since 2003): Home Depot, Staples, PetSmart, Best Buy, McDonalds, Harris Bank, Fifth Third Bank, Red Robin, Taco Bell, Super Target, Panda Express, Dick's Sporting Goods, Pier One Imports, Chili's and Circuit City.
As part of the Thornwood Master Planned Community Development, The Crossroads at Briargate is located at the entrance of a 1,084 single family home and 300 townhone community. The Thornwood Community includes 164 acres of nature/wetlands preserve along with a recreational center with swimming pool, clubhouse, and basketball, tennis and volleyball courts. Additional area residential developments include Sugar Ridge, Wild Meadows, and Heartland Meadows..
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