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Faits saillants de l'investissement
- Total landsite is 113,470 SF or 2.5 acres (62,000 SF of the land is available for further development)
- 1 unit currently leased to Pacer Dental, 2 units are vacant (one was a former Pep Boys)
- Contact agent for rent roll and further details
- Two buildings onsite with 3 retail units total - comprising a total of 8,930 SF
- Ample parking plus room to construct more retail!
Résumé de l'annonce
Available for sale is 839–849 Randall Road in Batavia, Illinois, a multi-tenant retail property located within Fabyan Parkway Plaza along North Randall Road, which sees approximately 28,500 vehicles per day. The property consists of two retail buildings totaling approximately 8,930 square feet on a 2.5-acre (113,470 SF) site.
The center includes three retail units: one leased to Pacer Dental and two vacant spaces. The former Pep Boys space comprises approximately 5,546 square feet, and an additional 1,858-square-foot retail unit is also available. The site offers ample parking and approximately 62,500 square feet of excess land, providing the opportunity to construct additional retail units.
Fabyan Parkway Plaza is anchored by a 190,000-square-foot Walmart Supercenter and includes nearby outlot users such as Bank of America, Visionworks, Sam’s Club Gas, PNC Bank, Cartridge World, Advance Auto Parts, Delnor Express Care, Accelerated Physical Therapy, USA Cleaners, and Bedding Bargains. The property is positioned within a 30-acre retail development that serves Batavia and surrounding communities including Geneva, North Aurora, Aurora, St. Charles, Elburn, and Sugar Grove.
The tri-city area of Batavia, Geneva and St. Charles has a population of roughly 80,000 residents and the median household income of Batavia is $120K, above the regional average- reflecting solid consumer spending potential. Batavia’s stable economic base, coupled with strong income levels and quality of life, supports sustained commercial activity and long-term investment potential.
The vacancy and additional land area provide meaningful upside through lease-up and future development.
The center includes three retail units: one leased to Pacer Dental and two vacant spaces. The former Pep Boys space comprises approximately 5,546 square feet, and an additional 1,858-square-foot retail unit is also available. The site offers ample parking and approximately 62,500 square feet of excess land, providing the opportunity to construct additional retail units.
Fabyan Parkway Plaza is anchored by a 190,000-square-foot Walmart Supercenter and includes nearby outlot users such as Bank of America, Visionworks, Sam’s Club Gas, PNC Bank, Cartridge World, Advance Auto Parts, Delnor Express Care, Accelerated Physical Therapy, USA Cleaners, and Bedding Bargains. The property is positioned within a 30-acre retail development that serves Batavia and surrounding communities including Geneva, North Aurora, Aurora, St. Charles, Elburn, and Sugar Grove.
The tri-city area of Batavia, Geneva and St. Charles has a population of roughly 80,000 residents and the median household income of Batavia is $120K, above the regional average- reflecting solid consumer spending potential. Batavia’s stable economic base, coupled with strong income levels and quality of life, supports sustained commercial activity and long-term investment potential.
The vacancy and additional land area provide meaningful upside through lease-up and future development.
Faits sur la propriété
| Prix | 2 126 746 $ CAD | Nombre de propriétés | 2 |
| Prix/pi² | 197,16 $ CAD / pi² | Individuellement en vente | 0 |
| Taux de capitalisation | 12,15% | Taille totale du bâtiment | 10 787 pi² |
| Type de vente | Investissement | Superficie totale du terrain | 5,03 AC |
| Statut | Actif |
| Prix | 2 126 746 $ CAD |
| Prix/pi² | 197,16 $ CAD / pi² |
| Taux de capitalisation | 12,15% |
| Type de vente | Investissement |
| Statut | Actif |
| Nombre de propriétés | 2 |
| Individuellement en vente | 0 |
| Taille totale du bâtiment | 10 787 pi² |
| Superficie totale du terrain | 5,03 AC |
Propriétés
| Nom de la propriété/adresse | Type de propriété | Taille | Année de construction | Prix individuel |
|---|---|---|---|---|
| 837 N Randall Rd, Batavia, IL 60510 | Commerce de détail | 8 929 pi² | 2014 | - |
| 849-853 N Randall Rd, Batavia, IL 60510 | Commerce de détail | 1 858 pi² | 2014 | - |
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