501 S County Farm Rd - Health Club FOR SALE


Wheaton, IL 60187
$11,988,363 USD
332-345-4222
501 S County Farm Rd, Wheaton, IL for Sale
$11,988,363 USD
Health Club - FOR SALE
1/2
null | 8.25% Cap Rate

501 S County Farm Rd
Wheaton, IL 60187


HIGHLIGHTS

  • Brand New 15-Year Lease with a Market Leader in the High-Value Low Price Fitness Market | Fastest Growing in the Industry
  • New 2024 Construction
  • $1.00/SF Rental Increases Every 5 Years
  • Shadow Anchored by Target and Just 30 Minutes from Chicago

OVERVIEW

NNN Pro Group is pleased to present the exclusive listing for VASA Fitness located at 501 S County Farm Road in Wheaton, IL. The site consists of roughly 65,936 rentable square feet of building space on estimated 7.00-acre parcel of land. This VASA Fitness is subject to a 15-year lease. The current annual rent is $989,040 and is scheduled to increase by $1.00/SF every 5 years and at each of the 3, 5-year renewal options.

FOR SALE DETAILS

PRICE

$11,988,363 USD

PRICE/SF

$182 USD /SF

CAP RATE

8.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

VASA Fitness

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Health Club

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

236

LAND DETAILS

LAND ACRES

7 AC

LAND SF

304,920 SF

ZONING

C-5, Wheaton

APN/PARCEL ID

05-18-440-005

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.