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7455 S Cicero Ave
Chicago, IL 60629

Planet Fitness - Single-Tenant NNN · Retail Property For Sale

Investment Highlights

  • NN Lease – 8 Years Remaining – Fee Simple (Land & Building) - 10% Rental Escalations (Next Bump 2027)
  • High-Growth Tenant - $1.1+ Billion Revenue – Up 27.6% YoY - Rapid Expansion Nationally - 93 Unit Franchisee
  • Located at Major Signalized Intersection of State Road / Cicero Ave
  • Planet Fitness (NYSE: PLNT) – 2,500 Clubs Across the World - S&P 400 Component
  • Impressive Traffic Counts (62,300 Cars Per Day) – Chicago, IL Suburb
  • Huge Upside Through Rent Growth - 10% Increase in 3 Years (April 2027) – Effective Inflation Hedge

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
20,862 SF
Building Class
C
Year Built/Renovated
1990/2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.41
Lot Size
1.16 AC
Parking
5.51 Spaces per 1,000 SF Leased

Amenities

  • Signage
  • Listing ID: 31821793

  • Date on Market: 5/16/2024

  • Last Updated:

  • Address: 7455 S Cicero Ave, Chicago, IL 60629

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