Caravel Autism Therapy

The Property is located at 2323 Fargo Boulevard in Geneva, Illinois, just off South Randall Road, one of the area’s primary commercial corridors with traffic counts of approximately 31,400 vehicles per day. Geneva is an established and affluent Fox Valley market supported by a strong demographic profile, including a median household income of approximately $144,341 and a highly educated residential base, with 63.8% of residents holding a bachelor’s degree or higher. The area benefits from a strong retail presence, with Geneva’s broader commercial base featuring more than 100 retail shops, 75 restaurants, three hotels/inns, and multiple annual festivals that draw consumers from throughout the region. The Property is well positioned for a healthcare services user seeking visibility, accessibility, and proximity to established consumer traffic drivers. Located within one of Geneva’s primary retail nodes, the surrounding trade area features a critical mass of national retailers that reinforces the corridor’s long-term commercial appeal and provides a convenient destination for patients, families, employees, and visitors. Neighboring retailers include Target, Jewel-Osco, Trader Joe's, ALDI, The Home Depot, Best Buy, PetSmart, Ross Dress for Less, Sierra, Dick’s Sporting Goods, and Fresh Thyme Market, among many others.2323 Fargo Boulevard presents investors with the opportunity to acquire a 14,452-square-foot, single-tenant freestanding healthcare services asset in Geneva, Illinois, 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 responsibility 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 occupied the Property since 2021 and recently extended its lease through May 31, 2029, with two additional three-year renewal options remaining, demonstrating continued commitment to the location. Situated just off South Randall Road (~31,400 VPD), the Property benefits from proximity to one of Geneva’s primary commercial corridors, 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.Freestanding commercial building fronting heavily trafficked Randall Rd along Fargo Blvd in Geneva, Illinois. The space, formerly occupied by Kids & Company, totals 10,452 square feet and features a preschool/daycare build out including classrooms/offices, a kitchen, over 10 bathrooms, and plenty of enclosed playground/green space. The building features dual-sided monument signage along Randall Rd featuring visibility and exposure to approximately 39,000 VPD. Full parking lot on-site for 34-vehicles. Excellent opportunity for either a pre-school or daycare to utilize the existing improvements or for a medical office or professional office user seeking space along the Randall Road commercial corridor. Tenant improvement allowance available! Neighboring Retailers along Randall Rd include Walmart, Walgreen's, Trader Joe's, Home Depot Best Buy, Burlington, Ross Dress 4 Less, Petco, Petsmart, Marshall's, Michael's, Bed Bath & Beyond, Dick's Sporting Goods, Party City, Ashley Furniture, Home Goods, Five Below, 7-Eleven, Buffalo Wild Wings, McDonald's, Starbuck's and Chipotle, among many other national retailers.