1881 S Randall Rd - Retail FOR SALE
Geneva, IL 60134 |
$3,003,100 USD
949-662-2256
1881 S Randall Rd
Geneva, IL 60134
HIGHLIGHTS
- Stable Investment – There are just under 10 years remaining on the NNN lease featuring built-in annual rent bumps of 2% annually
- Prime Location – 1881 South Randall Road is strategically located in Geneva, Illinois within the Chicago MSA, offering strong visibility
- Scheduled Rental Increases | Built-In Inflation Protection – The lease includes annual rent escalations of 2%, ensuring steady growth in cash flow
- Healthcare Real Estate | Recession Resistant Property – Veterinary hospitals are extremely sought-after investments
- National Platform Operator – Mission Pet Health is one of the largest and most established veterinary platforms in the industry
- Tenant Investment in Location – Pet hospitals rarely relocate due to the difficulty of retaining the same patients in a new location
FOR SALE DETAILS
PRICE
$3,003,100 USD
PRICE/SF
$265 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Millbrook Animal Care Clinic
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2002
SPRINKLERS
-
PARKING SPACES
40
LAND DETAILS
LAND ACRES
1.12 AC
LAND SF
49,001 SF
ZONING
B
APN/PARCEL ID
-
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949-662-2256
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949-662-2256
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