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873-875 N Randall Rd 4,999 SF 100% Leased Retail Building Batavia, IL 60510 $3,656,991 CAD ($731.54 CAD/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
$3,656,991 CAD
Price Per SF
$731.54 CAD
Cap Rate
6%
NOI
$219,419 CAD
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 | $221,340 CAD |
| Land Assessment | $249,060 CAD | Total Assessment | $470,400 CAD |
PROPERTY TAXES
Parcel Number
12-17-277-004
Land Assessment
$249,060 CAD
Improvements Assessment
$221,340 CAD
Total Assessment
$470,400 CAD
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873-875 N Randall Rd
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