805-821 Randall RdBatavia, IL 60510

For Sale
Call for price

Batavia, IL Retail Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 10,616 square foot retail shopping center in Batavia, Illinois, presents a compelling investment opportunity. Built in 2007, this single-story, one-building property boasts five units and a strong NOI of $204,175. The center features a desirable mix of national and local tenants, including Athletico, Miracle Ear, Geneva Family Practice, and Smarty Pants Cafe, providing a diverse and stable income stream. Strategically located on a highly trafficked interior circulation road connecting major shopping centers, the property benefits from exceptional visibility and accessibility. Its prime location within the Randall Road retail corridor, a dominant commercial artery in Kane County, places it amidst a dense concentration of national retailers such as Walmart, Kohl's, Aldi, and many more. The property enjoys strong demographics, with a 5-mile radius boasting a population exceeding 121,000 and an average household income surpassing $100,000. The 0.76-acre lot is zoned GC - General Commercial, offering flexibility for future development. The property's proximity to Northwestern Medicine Delnor Hospital and Geneva Commons further enhances its appeal. With over 33,000 vehicles passing daily on Randall Road, this center offers significant potential for growth and return on investment. The property's "Core+" investment type and shadow-anchoring by a Walmart Supercenter contribute to its resilience and long-term value. This is a rare opportunity to acquire a well-established, high-performing retail center in a thriving market. The property's APN is 12-17-277-009.

Highlights

  • 10,616 SF retail center in Batavia, IL, built in 2007.
  • Five-unit, single-story building with a strong NOI of $204,175.
  • Tenants include Athletico, Miracle Ear, and Geneva Family Practice, offering diverse income streams.
  • Located on a high-traffic road in the Randall Road retail corridor, near Walmart, Kohl's, and Aldi.
  • Strong demographics: over 121,000 residents within a 5-mile radius, with average household income exceeding $100,000, and 33,000 vehicles per day on Randall Road.

Property Details for 805-821 Randall Rd

Property type
Lifestyle centers, Power centers
Square Feet
10,616 SF
Year Built
2007
Buildings
1
Stories
1
Lot Size (sq. ft)
33,106 SF
Units
5

Location Insight

City
Batavia
County
Kane
State
Illinois
Latitude
41.862832
Longitude
-88.342262
805-821 Randall Rd, Batavia, Illinois

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805-821 Randall Rd
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