134 Randall RdBatavia, IL 60510

For Sale
$2,240,000

High-yield Taco Bell, strong tenant, long lease.

Overview

Added:
Dec 11, 2024
Days on market:
93
This fee-simple Taco Bell property in Batavia, IL (Kane County, zip 60510, 134 S Randall Rd) presents a compelling net lease investment opportunity. The 3,146 square foot restaurant sits on a 0.89-acre lot and boasts a strong 5.50% cap rate with a current NOI of $123,200. Built in 2001, the property benefits from a long-term absolute NNN lease with approximately 13.3 years remaining until the lease expiration date of March 15, 2038. The lease includes four, five-year renewal options and features 10% rent increases every five years, providing a hedge against inflation. The tenant, a franchisee, is backed by AG Bells II, LLC, a large regional operator with a 55-unit guarantee. The property enjoys a high-traffic location on S Randall Rd, exceeding 30,000 vehicles per day, with high visibility near the Shoppes at Windmill Place and other national retailers. The affluent area, within the Chicago MSA, has an average household income exceeding $122,000 within a 5-mile radius and a population of over 117,000 residents. The property's proximity to Batavia High School further enhances its appeal. The asking price is $2,240,000, translating to a price per square foot of $712.02. This is a passive investment opportunity with significant long-term potential.

Highlights

  • Absolute NNN lease; tenant responsible for all operating expenses.
  • Approximately 13 years remaining on the base lease term, plus four 5-year renewal options.
  • Lease includes 10% rent increases every five years.
  • Guaranteed by AG Bells II, LLC, a large regional operator with a 55-unit guarantee.
  • Taco Bell location, a top-performing national brand.
  • High-traffic location on S Randall Rd, exceeding 30,000 vehicles per day.

Property Details for 134 Randall Rd

Property type
Other retail properties, Restaurants
Square Feet
3,146 SF
Year Built
2001
Lot Size (sq. ft)
38,768 SF

Location Insight

City
Batavia
County
Kane
State
Illinois
Latitude
41.8483229
Longitude
-88.3395367
134 Randall Rd, Batavia, Illinois

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
134 Randall Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message