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881 - 905 S Randall Road - Randall-Bowes Center - Randall-Bowes Center, Elgin, IL

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881 - 905 S Randall Road - Randall-Bowes Center - Randall-Bowes Center

Elgin, IL 60123 - Far Northwest Submarket

(676.5 KB)

Property Type:Retail Sub Type:- Status:Existing Year Built:2002
Building Size:16,425 SF Land Area:1.7 AC (74,052 SF)
For Sale Price:$4,460,000 Price/SF:$271.54
Cap Rate:7.00 %
Parking:103 Surface spaces are available; Ratio of 6.5/1,000 SF
Features:Restaurant, Signage

Sale Notes:
The property is a 16,425 square foot all-masonry multi-tenant retail facility built in 2002 and located at the northeast corner of Randall Road and Bowes Road of Elgin, Illinois. The L-shaped design maximizes its exposure being at the hard corner of a heavily traveled signalized intersection. The site is located in front of Menards and to the south of Meijer with excellent exposure to both Randall Road and Bowes Road. The southwest corner features a Wal-Mart, Sam’s Club, and Portillio’s; all completed within the last four years bringing further momentum to the intersection. There are daily traffic counts in front of the property of 37,489 on Randall Road and 19,890 on Bowes Road. The building was built in 2002 and is fully sprinklered. The land site is 2.22 acres and possesses 107 parking stalls (6.5 parking ration per thousand square feet of building).

Forefront Properties, LLC.
Joshua Lapins
(224) 436-4557

David LeCavalier
(847) 272-4030 x11

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