Upscale "Medtail" center ideal for owner-user seeking medical or retail space for occupancy in addition to a strong income stream from tenants. This property offers a user the opportunity to occupy up to 5,955 SF of medical/retail space. This includes a fully built out 3,639 SF medical practice (originally built as immediate care and currently operating as a family practice). The owner would benefit from income on 4,699 SF leased to existing national tenants, Athletico Physical Therapy and Miracle Ear. There are also two small vacant spaces representing additional revenue.
LOCATION: The property is located in the heart of the Randall Road retail corridor, the key commercial route in Kane County. Just south of Fabyan Pkwy, the boundary with Geneva IL.
The center is positioned on a frontage road, circulating traffic within the retail development anchored by Walmart, and connecting the center with Portillo's. It is surrounded by national retailers including Trader Joe's, At Home, Sierra Trading, Fresh Thyme Farmers Market, Kohls, Hobby Lobby, Aldi, Jewel-Osco, Nordstrom's Rack, Marshalls, Ross, Ashley Furniture, Home Depot, Petsmart, Petco, Office Depot, Best Buy, Meijer, and Dicks. Located just a mile south of Northwestern Medicine Delnor Hospital and Geneva Commons. It is located across Randall Road from the new Emagine Entertainment with EMAX Auditorium featuring the largest movie theater screen in Illinois.
Strong demographics (5 mile) with a population of 109,000 and average household income exceeding $167,000.