300 N Randall Rd, St. Charles – LEASED - Corcoran Commercial Real Estate
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19795
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300 N Randall Rd, St. Charles – LEASED

Category
Retail Listings
About This Project

Property:

300 N Randall Rd, Saint Charles, IL 60174

What’s Available:

32,254 SF – Randall Rd Single Tenant Investment (w/cell tower)

Property Type / Description:

Retail / Net Lease Investment with 2 years left on lease

Lease / Sale Price:

$4,400,000 Sale Price

Zoning:

Retail

Location Description:

The property is located on Randall Rd. – just north of route 64 in St. Charles, IL.

Space Description:

This investment property is 100% occupied. The tenant, Illinois Central School Bus (A Carlyle Group company), provides school bus services to the surrounding communities. The site also has a lease option with a cell tower company. Besides having a national / creditworthy tenant – this site offers the potential for retail redevelopment down the road.

Building Description:

  • Net Operating Income – $343,200
  • Excellent location on Randall Rd.
  • 100 % Leased
  • ICSC Corp Lease
  • The Carlyle Group (company)
  • New Cell Tower Lease
  • New Roof
  • Recent $1.5M Improvements

More Information:

http://www.loopnet.com/lid/18977256