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Informations principales sur l'investissement
- Caravel Autism Health occupies the building under a net lease structure, minimizing landlord responsibilities.
- Prominent monument signage and frontage along Randall Road with traffic levels around 31,400 VPD.
- Property is highly accessible and positioned within an affluent residential area, attracting strong consumer demand.
- Lease includes scheduled rent increases, providing consistent cash flow through the remaining term.
- Situated in Geneva’s primary commercial corridor, neighboring major retailers and businesses.
Résumé analytique
2323 Fargo Boulevard presents investors with the opportunity to acquire a 10,452-square-foot, single-tenant freestanding healthcare services asset in Geneva, Illinois. The building is 100% occupied by Caravel Autism Health, a specialized provider of autism diagnostic evaluations and ABA therapy for children. The Property is operated under a net lease structure, with tenant responsible for real estate taxes, operating expenses, utilities, and certain shared easement maintenance costs, providing investors with a passive income profile and limited landlord expense exposure. Caravel has leased at the Property since 2021 and recently extended its lease through May 31, 2029, with two (2) additional three-year renewal options, demonstrating continued commitment to the location. Located just off South Randall Road (~31,400 VPD), the Property benefits from monument signage visibility along Randall Road, along Geneva’s primary commercial corridor, surrounded by a strong retail presence that drives consistent consumer traffic and reinforces the area’s long-term real estate fundamentals. With contractual rent growth, a specialized service-based tenant, and a net lease structure in place, the offering provides investors with stable in-place cash flow backed by a mission-critical healthcare/education use in an established, high-income Fox Valley trade area. Neighboring retailers include Target, Jewel-Osco, ALDI, The Home Depot, Best Buy, PetSmart, Ross Dress for Less, Sierra, Dick’s Sporting Goods, and Fresh Thyme Market
Informations sur l’immeuble
Type de vente
Investissement
Condition de vente
1031 Exchange
Type de bien
Local commercial
Sous-type de bien
Immeuble de commerce
Surface de l’immeuble
971 m²
Classe d’immeuble
B
Année de construction
1996
RNE
175 380 €
Occupation
Mono
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,18
Surface du lot
0,55 ha
Zonage
B1
Stationnement
35 places (36,04 places par 1 000 m² loué)
Façade
56 m sur Fargo Boulevard
1 1
Assez praticable à pied
50/100
Exceptionnellement adapté aux voitures
100/100
Transports en commun limités
30/100
Moyennement praticable en vélo
60/100
Principaux commerces à proximité
Taxes foncières
| Numéro de parcelle | 12-09-151-006 | Évaluation des aménagements | 182 306 € |
| Évaluation du terrain | 262 696 € | Évaluation totale | 445 002 € |
Taxes foncières
Numéro de parcelle
12-09-151-006
Évaluation du terrain
262 696 €
Évaluation des aménagements
182 306 €
Évaluation totale
445 002 €
1 sur 11
Vidéos
Visite extérieure 3D Matterport
Visite 3D
Photos
Street view
Rue
Carte
1 sur 1
Présenté par
2323 Fargo Blvd
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