7650 Barrington Rd - LA Fitness
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7650 Barrington Rd - LA Fitness
60,000 SF Specialty Building Offered at $13,155,893 CAD at a 6.40% Cap Rate in Hanover Park, IL 60133
Investment Highlights
- Long-Term, 15-Year Lease | Over 9 Years Remaining
- Strong Local Ranking Against Other LA Fitness Centers | Ranks 87th Percentile within a 15-Mile Radius | 2nd Best LA Fitness in the Local Area
- Largest Non-Franchised Fitness Operator in the Nation | Over 700 Locations in theUnited States and Canada
Executive Summary
NNN Pro Group is pleased to present the exclusive listing for the LA Fitness located at 7650 Barrington Road in Hanover Park, IL. The site consists of roughly 60,000 rentable square feet of building space on an estimated 3.21-acre parcel of land. This property is subject to a 15-year lease, with the current annual rent being $594,000.
Property Facts
Price | $13,155,893 CAD | Building Class | B |
Price Per SF | $219 CAD | Lot Size | 3.21 AC |
Sale Type | Investment | Building Size | 60,000 SF |
Cap Rate | 6.40% | No. Stories | 1 |
Property Type | Specialty | Year Built/Renovated | 1989/2021 |
Property Subtype | Recycling Centre |
Price | $13,155,893 CAD |
Price Per SF | $219 CAD |
Sale Type | Investment |
Cap Rate | 6.40% |
Property Type | Specialty |
Property Subtype | Recycling Centre |
Building Class | B |
Lot Size | 3.21 AC |
Building Size | 60,000 SF |
No. Stories | 1 |
Year Built/Renovated | 1989/2021 |
Amenities
- Air Conditioning
Walk Score ®
Very Walkable (74)
PROPERTY TAXES
Parcel Number | 06-25-411-037-0000 | Improvements Assessment | $337,258 CAD |
Land Assessment | $583,450 CAD | Total Assessment | $920,707 CAD |
PROPERTY TAXES
Parcel Number
06-25-411-037-0000
Land Assessment
$583,450 CAD
Improvements Assessment
$337,258 CAD
Total Assessment
$920,707 CAD
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7650 Barrington Rd - LA Fitness
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