5917 S La Grange Rd
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5917 S La Grange Rd
25,250 SF Retail Building Countryside, IL 60525 $7,870,026 ($312/SF) 6.50% Cap Rate
Investment Highlights
- credit tenant with recent large investment in space
- ample parking
- excellent location, visibility and access
Executive Summary
Prime location leased to Esporta Fitness (Fitness International LLC). Early lease extension and over $2m invested to fully upgrade the facility which shows commitment to the location by the tenant. Located at a signalized intersection which provides excellent access and visibility.
Data Room Click Here to Access
- Offering Memorandum
Property Facts Under Contract
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Health Club
Building Size
25,250 SF
Building Class
B
Year Built
1998
Price
$7,870,026
Price Per SF
$312
Cap Rate
6.50%
NOI
$511,552
Tenancy
Single
Building Height
2 Stories
Building FAR
0.21
Lot Size
2.73 AC
Zoning
B-1 - Retail
Parking
180 Spaces (7.13 Spaces per 1,000 SF Leased)
Frontage
243 FT on S La Grange Rd
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 18-16-400-031-0000 | Improvements Assessment | $206,097 |
Land Assessment | $362,028 | Total Assessment | $568,125 |
PROPERTY TAXES
Parcel Number
18-16-400-031-0000
Land Assessment
$362,028
Improvements Assessment
$206,097
Total Assessment
$568,125
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GB Property Management
5917 S La Grange Rd
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