Net Leased Retail Portfolio

Two Fitness Centers located in the Chicago MSA
Deal Type:
Net Lease
Price:
$14,100,000
Cap Rate:
7.15%
Current Rent:
$1,008,029
Lease Type:
Triple Net
Landlord Responsibilities:
None
Building Sq. Ft.:
76,007 SF
Site Size:
3.8 Acres
  • fitness portfolio sale leaseback
  • fitness portfolio sale leaseback
  • fitness portfolio sale leaseback
  • fitness portfolio sale leaseback
  • fitness portfolio sale leaseback
  • fitness portfolio sale leaseback
  • fitness portfolio sale leaseback
  • fitness portfolio sale leaseback

Investment Highlights

  • Absolute net lease with 16.5-year term and minimum 2% annual rent escalations
  • State-of-the-art rock climbing facilities with unique climbing courses, dedicated yoga studios, and fitness centers
  • Both properties are located in highly desirable Chicago submarkets
  • Strong area demographics with average household incomes exceeding $124,000
  • Conveniently situated off Interstate 90 and Highway 53, ensuring access to high traffic counts

Listing Agents

Krupa Shah

Managing Director
646 734 4188
[email protected]

Jonathan Wolfe

Managing Principal
312 310 2798
[email protected]

Jordan Shtulman

Managing Principal
847 226 4133
[email protected]
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