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873-875 N Randall Rd 4,999 SF 100% Leased Retail Building Batavia, IL 60510 $2,643,500 ($528.81/SF) 6% Cap Rate



INVESTMENT HIGHLIGHTS
- Anchored by Vision Works, a national tenant with over 590 locations in 40 states.
- Shadow Anchored by the Super Walmart
- Excellent Street Visibility
- High Exposure Retail Hub on Randall Rd with National Tenants including Pep Boys, Bank of America, TCF Bank, Chase, Petco, Home Depot and more!
- Stoplight Intersection on highly trafficked Randall Rd.
- Outstanding Demographics: Median HH Income over $100,000 within 1 Mile
EXECUTIVE SUMMARY
Opportunity to purchase a net lease investment anchored by Vision Works, a tenant with over 590 locations nationally. The 4,999 Sf building has 2 tenant units, one leased to Vision Works and the 2nd to be master leased by the Seller. This is an outstanding location with street visibility in a retail hub in front of a Super Walmart Center at the stop light corner of Fabyan Parkway and highly trafficked Randall Rd, and adjacent to Pep Boys, Bank of America, Advance Auto and TCF Bank. Across from Home Depot, Trader Joe’s, Gander Mountain and Best Buy and the just 30 miles from Chicago’s Loop in the Chicago MSA. Batavia ranked in CNN Money’s Best Towns in America and in Business Week’s list of the 50 best places for families.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,999 SF
Building Class
B
Year Built
2014
Price
$2,643,500
Price Per SF
$528.81
Cap Rate
6%
NOI
$158,610
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.07
Lot Size
1.65 AC
Parking
45 Spaces (9 Spaces per 1,000 SF Leased)
Frontage
62’ on Randall Rd
AMENITIES
- Signage
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 12-17-277-004 | Improvements Assessment | $157,809 |
| Land Assessment | $177,573 | Total Assessment | $335,382 |
PROPERTY TAXES
Parcel Number
12-17-277-004
Land Assessment
$177,573
Improvements Assessment
$157,809
Total Assessment
$335,382
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873-875 N Randall Rd
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