NNN Property with Veterinary
For Sale
$3,003,100
1881 S Randall Rd, Geneva, IL 60134
Veterinary facility leased under a passive NNN structure with limited landlord obligations.
Property SizeContact for details
Days on Market12
Property Features for 1881 S Randall Rd
General Information
Standard status
Active
Property subtype
Commercial
Lease Term
±9.7 YRS
Net Operating Income
$210,217
Building Details
Year Built
2002
Tenancy
Single
Listing Agency:
Matthews Real Estate Investment Services
(949) 662-2256
Listed By:
Andrew Evans · License #02055475 (CA)
(949) 662-2256
Source:
Matthews
Added: Aug 20
Changed: Aug 30
Last Checked: Aug 31 at 12:40PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Matthews Real Estate Investment Services
Investment Insights
Based on property information with market context.
Built in 2002, this NNN property operates as a veterinary hospital at 1881 S Randall Rd in Geneva, Illinois. The lease has just under 10 years remaining, includes 2% annual rent increases, and provides one, five-year extension option. Landlord responsibilities are described as minimal during the lease term.
The property sits along a major retail corridor within the Chicago MSA, with surrounding residential development, established tenancy, national retailers, and daily-needs traffic drivers. Its location also provides access to key transportation routes. Mission Pet Health is identified as the tenant and operates through a national veterinary platform supporting locally led animal hospitals.
The property sits along a major retail corridor within the Chicago MSA, with surrounding residential development, established tenancy, national retailers, and daily-needs traffic drivers. Its location also provides access to key transportation routes. Mission Pet Health is identified as the tenant and operates through a national veterinary platform supporting locally led animal hospitals.
Key Highlights
- Just under 10 years remaining on the NNN lease
- 2% annual rent increases provide scheduled lease growth
- One, five‑year option to extend the lease
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
564
Businesses Nearby
Explore this area
Business Placement
Demographics for 60134, IL
30,503
Population
11,159
Households
2.7
Avg Household Size
42
Median Age
66%
College-Educated
97%
High-School Grad
14.6 sq mi
ZIP Area
2,089
Density / Sq Mi
$148,283
Median Household Income
$66,586
Median Earnings
$1,816
Median Rent
$427,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Veterinary facility leased under a passive NNN structure with limited landlord obligations.
Where is this nnn property located?
The property is located at 1881 S Randall Rd Geneva, IL.
What is the asking price?
The asking price for this property is $3,003,100.
What are key features of this property?
This property features: Just under 10 years remaining on the NNN lease; 2% annual rent increases provide scheduled lease growth; One, five‑year option to extend the lease
