Best Buy

1876 South Randall Road, Geneva, IL
Deal Type:
Net Lease
Price:
$8,403,200
Cap Rate:
7.00%
Current Rent:
$588,224
Lease Type:
Triple Net
Lease Expiration Date:
Approx. 3 years
Renewal Options:
Three 5-year options
Building Sq. Ft.:
51,500 SF
Rent Increases:
1% Annual Increases
Site Size:
4.78 Acres

Investment Highlights

  • Best Buy has been located at this center for 20+ years and recently exercised a lease extension showing their commitment to this location.
  • Established location with over 3 years remaining on the absolute NNN land and building lease.
  • Average household incomes within a 1-mile radius in excess of $200,000.
  • Property located in the Fabyan Crossing shopping center at a signalized intersection with excellent visibility & signage along Randall Road, one of the most well traveled roads in the Northwest Suburbs with almost 50,000 vehicles passing through the retail corridor a day.
  • Strategically located in a dense retail corridor, nearby National retailers include: Walmart Supercenter, Aldi, Chipotle, Lowe’s, Chick-fil-A, At Home, Panera Bread, and Petco.

Listing Agents

Jordan Shtulman

Managing Director
847 226 4133
Jordan@stream-cp.com

Jonathan Wolfe

Managing Principal
312 310 2798
Jonathan@stream-cp.com

Download Offering Memorandum

Please enter your first name, last name, email address and phone number in the text boxes. Please also indicate whether you are a Buyer or Broker. Once the form is submitted the offering memorandum will be emailed to you.

    Are you a buyer or broker?

    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.







    X

    Request Due Diligence Access

    Please fill out and submit the form below to request access to due diligence for this property. If you agree with the terms of the NDA, please check the "Approve NDA" box and submit. By submitting this form, you agree to the Terms and Conditions of the Confidentiality Agreement.

    If you would like to modify the NDA, please download the Word version, make your changes, and attach the revised version to the form or email it to Jordan@stream-cp.com.

    Once we receive your NDA, we will contact you with login information.

    View/Download NDA in Word format

      If you have made changes to the Word version of the NDA, please attach it here

      This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.






      View All Listings