Current Use by Public Records
- Lifestyle centers
Property Details for 805-821 Randall Rd
- Year built
- 2007
- Lot size
- 0.76 lot acres
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional 10,616 square foot retail shopping center in Batavia, Illinois, presents a compelling investment opportunity. Built in 2007, this single-story, one-building property boasts five units and a strong NOI of $204,175. The center features a desirable mix of national and local tenants, including Athletico, Miracle Ear, Geneva Family Practice, and Smarty Pants Cafe, providing a diverse and stable income stream. Strategically located on a highly trafficked interior circulation road connecting major shopping centers, the property benefits from exceptional visibility and accessibility. Its prime location within the Randall Road retail corridor, a dominant commercial artery in Kane County, places it amidst a dense concentration of national retailers such as Walmart, Kohl's, Aldi, and many more. The property enjoys strong demographics, with a 5-mile radius boasting a population exceeding 121,000 and an average household income surpassing $100,000. The 0.76-acre lot is zoned GC - General Commercial, offering flexibility for future development. The property's proximity to Northwestern Medicine Delnor Hospital and Geneva Commons further enhances its appeal. With over 33,000 vehicles passing daily on Randall Road, this center offers significant potential for growth and return on investment. The property's "Core+" investment type and shadow-anchoring by a Walmart Supercenter contribute to its resilience and long-term value. This is a rare opportunity to acquire a well-established, high-performing retail center in a thriving market. The property's APN is 12-17-277-009.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Batavia
- County
- Kane
- State
- Illinois
- Longitude
- -88.3423
- Latitude
- 41.8628
