Randall Rd Retail Space

1772-1792 S Randall Rd Geneva, IL 60134

1772-1792 S Randall Rd, Geneva, IL, 60134
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FOR LEASE
Property Type:
Strip Center
Amount:
Please Call Broker for Price

Last Verified:
Dec 12, 2024

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Highlights

  • Under New Ownership - TI & Incentives Now Available
  • Key Location in the Heart of Randall Rd Corridor
  • Anchored by Ju Rin, RE/Max and Vein Specialists of Geneva
  • Retail and Professional Space Available
  • Excellent Demographics
  • 40,000+ VPD

Description

Under new ownership - TI & incentives now available. Busy retail center ideal for service, retail, and medical tenancy. Center offers strong mix of national, regional, and local tenants including Ju Rin Japanese Restaurant, RE/Max, Hotworx (coming soon), Thai Siri Restaurant (coming Soon), RE/Max, newly opened Vein Specialists of Geneva, Los Cantaritos, Evoke Salon & Gallery and more.

Center is further supported by busy Panera Bread, Jersey Mikes, UPS Store, and 5/3rd Bank in the outlots.

The property is located in the heart of the Randall Road retail corridor, the key retail corridor in central Kane County. The property is surrounded by national retailers including Walmart, At Home, Sierra Trading Post, Nordstrom's Rack, Marshalls, Ross, Home Depot, Petsmart, Petco, Trader Joe's, Fresh Thyme Farmer's Market, and Best Buy. The property is just south of Northwestern Medicine Delnor Community Hospital and Geneva Commons.

Strong demographics with population of 120,000 (5 mile) and average incomes exceeding $100,000 (5 Mile).


Year Built: 1998
Building Size: 41614sq ft
Lot Size: 0 acres


Documents

Geneva - 1772-1792 S Randall Rd (Retail for Lease)

Units for Lease

210
Space Available: 1750 SF
Lease Type: NNN

Price Per Sqft/Year: $20.00
1792-A
Space Available: 1269 SF
Lease Type: NNN

Price Per Sqft/Year: $22.00
160
Space Available: 3000 SF
Lease Type: NNN

Price Per Sqft/Year: $20.00

Map of 1772-1792 S Randall Rd, Geneva, IL, 60134

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.