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. 4 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 4 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 STREAM Capital Partners

Jonathan Wolfe

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

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