Health Clubs
LA Fitness – Westmont, IL
Health Clubs Offerings
LA Fitness – Westmont, IL
100 W 63rd Street
Westmont, IL 60559
- Price:
- $17,043,000
- Cap Rate:
- 7.25%
- NOI:
- $1,235,630
- Rentable SQFT:
- 47,000 SF
- Year Built:
- 2020
- Lot Size:
- 3.71 AC
- Lease Type:
- NNN
- Type of Ownership:
- Fee Simple
- Status:
- Available
Investment Highlights
- Corporate-Backed Security
- Top Performing Location
- Build-to-Suite Signature Club
- Excellent Retail Synergy
The NNN Fitness Group of Marcus & Millichap is pleased to bring to market a 47,000 square-foot LA Fitness Signature Club located in Westmont, IL. Completed in 2020 as a build-to-suit prototype facility, the property offers investors secure, long-term income with approximately 10.5 years remaining on the initial lease term and includes 10% rent increases every five years and at each of the three five-year renewal options. This location ranks as the #1 LA Fitness in Illinois and is in the top 2% of all U.S. fitness centers for foot traffic over the trailing 12 months, according to Placer.ai. The property is strategically positioned at the high-traffic intersection of W 63rd Street and Cass Avenue, which sees a combined 52,100 vehicles per day, in the affluent Chicago suburb of Westmont.
Client Login
Enter your Username (Email) & Password if you have previously registered.
Lost Password?Not Registered?
In order to view the Marketing Package and join our distribution list, please complete the fields below.