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Best Buy 1876 S Randall Rd

51,500 SF Retail Building Geneva, IL 60134 $5,642,700 ($110/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
$110
Cap Rate
7.25%
NOI
$409,096
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
4.78 AC
Frontage
380 FT on S Randall

Nearby Major Retailers

Fresh Thyme
SPENGA
Trader Joe's
Fifth Third Bank
WW
McAlister's Deli
Chili's Grill & Bar
Portillo's
PNC Bank
ALDI

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12-17-226-020
Land Assessment
$968,730
Improvements Assessment
$606,112
Total Assessment
$1,574,842
  • Listing ID: 22619103

  • Date on Market: 4/1/2021

  • Last Updated:

  • Address: 1876 S Randall Rd, Geneva, IL 60134

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