Health Clubs
Planet Fitness – Elmwood Park, IL
Health Clubs Offerings
Planet Fitness – Elmwood Park, IL
2560 N Harlem Ave.
Elmwood Park, IL 60707
- Price:
- $3,500,000
- Cap Rate:
- 6.57%
- NOI:
- $230,000
- Rentable SQFT:
- 25,035 SF
- Year Built:
- 1999
- Lot Size:
- 0.66 AC
- Lease Type:
- NN
- Type of Ownership:
- Fee Simple
- Status:
- Under Contract
Investment Highlights
- Recent Lease Extension
- Top Performing Location
- Dense Infill Position
- Premier Tourist Destination
- Proximity to Nationally Ranked Retail
Marcus & Millichap is pleased to bring to market a 25,035 square-foot single-tenant Planet Fitness in Elmwood Park, IL, a prime Chicago MSA location. Planet Fitness recently exercised their first 5-year renewal option in 2021, demonstrating their long-term success and commitment to this location. This Planet Fitness is a Top Performing fitness center ranking in the top 84% of overall fitness centers in Illinois and is in the top 84% of all fitness centers nationwide according to Placer.ai in the trailing 12 months.
Positioned adjacent to. N Harlem Ave., a main retail corridor that sees 20,358 vehicles per day. Surrounding big-box retailers include Angelo Caputo’s Fresh Markets, McDonald’s, Dunkin Donuts, Chase Bank, 7-Eleven, The RoomPlace, Advanced Auto Parts, AutoZone, O’Reilly Auto Parts, and many more. Located in the Chicago Metroplex, this Planet Fitness benefits from a dense 3-mile population of 271,159 and an average household income of over $91,941 per year.
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