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5917 S La Grange Rd

25,250 SF Retail Building Countryside, IL 60525 $11,295,612 CAD ($447 CAD/SF) 6.50% Cap Rate

Investment Highlights

  • credit tenant with recent large investment in space
  • ample parking
  • excellent location, visibility and access

Executive Summary

Prime location leased to Esporta Fitness (Fitness International LLC). Early lease extension and over $2m invested to fully upgrade the facility which shows commitment to the location by the tenant. Located at a signalized intersection which provides excellent access and visibility.

Data Room Click Here to Access

Property Facts Under Contract

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Health Club
Building Size
25,250 SF
Building Class
B
Year Built
1998
Price
$11,295,612 CAD
Price Per SF
$447 CAD
Cap Rate
6.50%
NOI
$734,215 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.21
Lot Size
2.73 AC
Zoning
B-1 - Retail
Parking
180 Spaces (7.13 Spaces per 1,000 SF Leased)
Frontage
243 ft on S La Grange Rd

Amenities

  • Pylon Sign
  • Signage
  • Signalized Intersection

Nearby Major Retailers

Starbucks
Hooters
Esporta Fitness
LA Fitness
Texas Roadhouse
Applebee's
Buffalo Wild Wings
ALDI
Jazzercise
PNC Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
18-16-400-031-0000
Land Assessment
$507,118 CAD
Improvements Assessment
$288,694 CAD
Total Assessment
$795,812 CAD
  • Listing ID: 30520372

  • Date on Market: 2024-01-03

  • Last Updated:

  • Address: 5917 S La Grange Rd, Countryside, IL 60525

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