Health Clubs
VASA Fitness – Wheaton, IL
Health Clubs Offerings
VASA Fitness – Wheaton, IL
501 S County Farm Road
Wheaton, IL 60187
- Price:
- $13,641,931
- Cap Rate:
- 7.25%
- NOI:
- $989,040
- Rentable SQFT:
- 65,936 SF
- Year Built:
- 2000 / 2023
- Lot Size:
- 7.00 AC
- Lease Type:
- NN
- Type of Ownership:
- Fee Simple
- Status:
- Available
Investment Highlights
- Brand New 15 Year Lease
- Affluent Demographics
- DuPage County Real Estate Taxes
- Easy Access-to-and-from Chicago
- High-Value Low Price Leader
The NNN Fitness Group of Marcus and Millichap is please to bring to market a brand new 65,936 square foot VASA Fitness located in Wheaton, IL, and is expected to be completed in late 2023. This VASA Fitness has a new 15-year lease with (3) 5 Year options for renewal. The large state-of-the-art facility will offer substantial space for equipment and cardio areas, group and specialty classes, indoor heated lap pool, saunas, basketball courts, recovery areas and full-service locker rooms. VASA Fitness is a leader in the high-value low price (HVLP 2.0) market which is the fastest-growing segment in the industry.
This property is ideally positioned in the highly affluent DuPage County, the second-most-populous county in Illinois. The surrounding 3-mile area has 73,600 residents with an average household income of $139,707. This VASA Fitness location is shadow anchored by Target and Kohl’s and is located less than 30 minutes from downtown Chicago.
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