Retail
Under Contract

Wind Point Shopping Center

201-491 N Randall Rd, Batavia, IL, 60510-9296, US

Wind Point Shopping Center_Property for Sale

Gallery

Wind Point Shopping Center 2_Property for Sale

Asset description

Property Address: 301 N Randall Rd Batavia, IL 60510 


Year Built: 1999


Property Size (GLA): 242,278 SF | 20.2422 Acres 


Occupancy: 72.50%


Year 1 NOI: $1,555,796


WALT: 5 Years

Attributes

Building area Net
246,563 sf
Occupancy
73.00%
Year built
1999

Investment highlights

Tremendous Value-Add Opportunity 

  • 75,279 sf across six suites allows new ownership tremendous upside potential through leasing
  • 11.50% 5-Year CAGR
  • Ability to sell 3 separately parceled outlots


Dominant Regional Corridor within Affluent & Established Submarket 

  • 500K SF of Class A Retail within 3 Miles on Randall Road
  • Excellent store front visibility along Randall Road (40,000 VPD) with immediate proximity to the
  • following nearby national retailers


Proven Legacy of Tenant Retention 

  • Kohl’s, Hobby Lobby, and Office Max have been tenants at Wind Point Shopping Center for over 20 years
  • Kohl’s recently extended renewal option through 2029
  • Weighted Average Tenure of 22 years


Chicago MSA - Kane County 

  • Geneva Township Provides More Landlord and Tenant Favorable Real Estatre Tax Clarity 


Wind Point Shopping Center 4_Property for Sale

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Last updated
Nov 30, 2022