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VASA Fitness 501 S County Farm Rd

65,936 SF Retail Building Wheaton, IL 60187 $11,988,363 ($182/SF) 8.25% Cap Rate

Retail Space Illinois Wheaton 501 S County Farm Rd, Wheaton, IL 60187

Investment Highlights

  • Brand New 15-Year Lease with a Market Leader in the High-Value Low Price Fitness Market | Fastest Growing in the Industry
  • $1.00/SF Rental Increases Every 5 Years
  • New 2024 Construction
  • Shadow Anchored by Target and Just 30 Minutes from Chicago

Executive Summary

NNN Pro Group is pleased to present the exclusive listing for VASA Fitness located at 501 S County Farm Road in Wheaton, IL. The site consists of roughly 65,936 rentable square feet of building space on estimated 7.00-acre parcel of land. This VASA Fitness is subject to a 15-year lease. The current annual rent is $989,040 and is scheduled to increase by $1.00/SF every 5 years and at each of the 3, 5-year renewal options.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Health Club
Building Size
65,936 SF
Building Class
B
Year Built/Renovated
1980/2024
Price
$11,988,363
Price Per SF
$182
Cap Rate
8.25%
NOI
$989,040
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
7.00 AC
Zoning
C-5, Wheaton
Parking
236 Spaces (3.58 Spaces per 1,000 SF Leased)
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501 S County Farm Rd, Wheaton, IL - aerial map view

Nearby Major Retailers

Starbucks
LA Fitness
Boston Market
D-1 Sports Training
Chase Bank

PROPERTY TAXES

Parcel Number 05-18-440-005 Improvements Assessment $78,360
Land Assessment $1,226,440 Total Assessment $1,304,800

PROPERTY TAXES

Parcel Number
05-18-440-005
Land Assessment
$1,226,440
Improvements Assessment
$78,360
Total Assessment
$1,304,800
(332) 345-4222

Contacts

  • Listing ID: 32479345

  • Date on Market: 9/6/2023

  • Last Updated:

  • Address: 501 S County Farm Rd, Wheaton, IL 60187

More public record information on 501 S County Farm Rd, Wheaton, IL 60187

The Retail Property at 501 S County Farm Rd, Wheaton, IL 60187 is currently available for sale. Contact NNN Pro Group for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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501 S County Farm Rd, Wheaton, IL for sale Building Photo- Image 1 of 3
pic 1 vasa fitness
501 S County Farm Rd, Wheaton, IL for sale Aerial- Image 2 of 3
pic 2 fitness

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VASA Fitness | 501 S County Farm Rd
(332) 345-4222 x

VASA Fitness | 501 S County Farm Rd

1/4

Glen Kunofsky

(332) 345-4222

(332) 345-4222

Anthony D'Ambrosia

(203) 887-8797

(203) 887-8797

Josh Kanter

(617) 865-1145

(617) 865-1145

Anthony Bird

(917) 697-3215

(917) 697-3215

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