NetCo Investments Inc Sells Fabyan Randall Plaza Retail Center In Batavia To Private Investor
1902 West Fabyan Parkway & 1980 West Fabyan Parkway
Building Size
182,830 SF
Asset Type
Retail
Closing
Oct 28, 2025
AI
The property asset involved in the transaction is a Trader Joe’s-anchored retail center, known as Fabyan Randall Plaza, located at 1942 West Fabyan Parkway in Batavia, Illinois. The center encompasses a total area of 91,415 square feet and features several other tenants, including Sierra, Dollar Tree, and Walgreens.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 1942 West Fabyan Parkway
- Market: Batavia
- Seller: NetCo Investments Inc
- Brokers: Evan Halkias & David Matheis - Cushman & Wakefield & Glenn Rudy - Newmark
Cushman & Wakefield facilitated the sale of the property to a private investor, contributing to the successful completion of the transaction. The involvement of multiple brokers highlights the collaborative effort in managing the sale process.
Players
Batavia Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93