839-849 Randall Rd.
Strip center comprising of three retail units on 2.5 acres of land in Batavia. There is potential to construct more retail units on the current landsite (62,000 SF of land available for further development). The property is strategically positioned within the Fabyan Parkway Plaza shopping center, an approximate 30-acre retail development serving the needs of Batavia, Geneva, North Aurora, Aurora, St. Charles, Elburn and Sugar Grove, as well as other outlying areas. The center is anchored by a 190,000 SF Walmart Supercenter. Nearby out lot sites are currently occupied by Visionworks, Sam’s Club Gas, PNC Bank, Cartridge World, Advance Auto Parts, Delnor Express Care, Accelerated Physical Therapy, USA Cleaners and Bedding Bargains.
The vacancy and additional land area provide meaningful upside through lease-up and future development.
Unit 839: 5,546 SF (Vacant – Former Pep Boys)
Unit 849: 1,858 SF (Vacant)
Unit 853: 1,525 SF (Leased – Pacer Dental)
- Sale Price: $1,549,000
- Property Tax: $1,549,000
- Gross Income: $267,943
- Total Annual Expenses: $13,086
- Annual Net Op. Income: $188,248
- MLS: 12353694
- P.I.N.: 1217277008
- Building Type: Commercial, Development, Investment, Retail, Land, Other
- Number of Stories: 1
- Building Square Feet: 8,930
- Site Square Feet: 113,470
- Zoning: GC
Property Details
The tri-city area of Batavia, Geneva and St. Charles has a population of roughly 80,000 residents and the median household income of Batavia is $120K, above the regional average– reflecting solid consumer spending potential. Batavia’s stable economic base, coupled with strong income levels and quality of life, supports sustained commercial activity and long-term investment potential.