Overview
Medical Space in Retail Center
This property offers medical space within a newer construction retail center, anchored by Athletico and co-tenanted by Miracle Ear. The existing build-out features a waiting area, reception station, nursing station, three offices, nine exam rooms, an open sink area, a break room, three restrooms, and multiple storage rooms. The monthly rent is $8,797, including a $7.00 per square foot pass-through. There is potential to add 1,200 square feet, or up to 2,316 square feet with adjacent spaces. The property is currently leased on a month-to-month basis. The retail center is located in the heart of the Randall Road retail corridor, a key commercial route in Kane County, just south of Fabyan Parkway, bordering Geneva, Illinois. The center is shadow-anchored by Walmart and surrounded by national retailers, including Trader Joe's, At Home, Sierra Trading, Fresh Thyme Farmers Market, Kohl's, Jewel-Osco, Nordstrom's Rack, Marshalls, Ross, Ashley Furniture, Home Depot, PetSmart, Petco, Office Depot, Best Buy, Meijer, and Dick's. It is situated just a mile south of Northwestern Medicine Delnor Hospital and Geneva Commons. The location benefits from strong demographics, with a population of 112,000 and an average household income exceeding $165,000 within a five-mile radius. The property is a Walmart outlot with a key location in the heart of the Randall Road retail corridor, which sees 33,000 vehicles per day on Randall Road. It features excellent co-tenancy, including Athletico and Miracle Ear.
