Tesla Sales, Service & Delivery 501 N Randall Rd 130,000 SF Retail Building Batavia, IL 60510 $19,988,000 ($153.75/SF)

The subject property is strategically located with excellent access and visibility along North Randall Road (34,600 AADT) with close proximity to the Fabyan Parkway junction (12,000 AADT). The property benefits from robust access 2 miles from Lincoln Highway (82,000 AADT), which connects to Interstate 88 (145,100 AADT), one of the main routes to Chicago. The site benefits from robust demographics with a total daytime population of 1,119,508 within a 15-mile radius and average household income of $174,505 within a 3-mile radius. The site benefits from a prominent retail location in close proximity to shopper centers, major retail tenants, and major employers. The site is also in close proximity to major headquarters located in Batavia. Aldi Headquarters, Suncast Corporation Headquarters, and Power Packaging Headquarters are less than 5 miles from the site.

The property is 0.5 miles from Winding Creek, a new residential development that will boast 100 new two-story and ranch-style single family homes. With phase 1 of the completion timeline aimed towards the end of 2025, these homes will be priced between $480,000-$740,000, catering to families and individuals seeking modern homes with convenient access to local retailers and amenities.

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