Investment Properties /IL /Cook County /Hanover Park /7650 Barrington Rd
Investment Properties /IL /Cook County /Hanover Park /7650 Barrington Rd

7650 Barrington Rd - Specialty FOR SALE


Hanover Park, IL 60133 | 
$9,281,250 USD
332-345-4222
7650 Barrington Rd, Hanover Park, IL for Sale
$9,281,250 USD
Specialty - FOR SALE
1/2
null | 6.4% Cap Rate
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7650 Barrington Rd
Hanover Park, IL 60133

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HIGHLIGHTS

  • Long-Term, 15-Year Lease | Over 9 Years Remaining
  • Largest Non-Franchised Fitness Operator in the Nation | Over 700 Locations in theUnited States and Canada
  • Strong Local Ranking Against Other LA Fitness Centers | Ranks 87th Percentile within a 15-Mile Radius | 2nd Best LA Fitness in the Local Area

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$9,281,250 USD

PRICE/SF

$155 USD /SF

CAP RATE

6.4%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

LA Fitness

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.21 AC

LAND SF

139,828 SF

ZONING

-

APN/PARCEL ID

06-25-411-037-0000

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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

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