Best Buy 1876 S Randall Rd
51,500 SF Retail Building Geneva, IL 60134 $5,642,700 ($109.57/SF) 7.25% Cap Rate
INVESTMENT HIGHLIGHTS
- Established location with 5+ years on the absolute NNN land and building lease.
- Property located in the Fabyan Crossing shopping center at a signalized intersection with excellent visibility & signage along Randall Road, one of th
- Strategically located in a dense retail corridor, nearby National retailers include: Walmart Supercenter, Aldi, Chipotle, Lowe’s, Chick-fil-A, At Home
- Average household incomes within a 1-mile radius in excess of $200,000.
- Best Buy has been located at this center for 20+ years and recently exercised a lease extension showing their commitment to this location.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
51,500 SF
Building Class
B
Year Built
1998
Price
$5,642,700
Price Per SF
$109.57
Cap Rate
7.25%
NOI
$409,096
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
4.78 AC
Frontage
380’ on S Randall
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 12-17-226-020 | Improvements Assessment | $606,112 |
| Land Assessment | $968,730 | Total Assessment | $1,574,842 |
