The Boulder Group completed the sale of a single-tenant Slumberland Furniture at 165 N. Randall Road in Batavia, Illinois, for $4,475,000.
The 42,676-square-foot building benefits from its strategic location off North Randall Road, which sees over 34,800 vehicles per day and serves as a key thoroughfare in the area. North Randall Road is a highly trafficked retail corridor, home to national brands such as Menards, Target, Kohl’s, Harbor Freight, Hobby Lobby, Walmart, The Home Depot, and Best Buy.
The property is situated in an affluent area, with a population earning an average household income exceeding $177,000 within a three-mile radius. The surrounding five-mile area is home to over 110,000 residents. The property is conveniently located near Batavia High School, which serves 2,000 students.
Randy Blankstein and Jimmy Goodman of The Boulder Group represented the seller in the transaction. The seller is a Northeast based real estate investor, and the buyer was an investor based in the Midwest.
