7455 S Cicero Ave | Chicago, IL 60629
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This Retail Property is no longer advertised on LoopNet.com.
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
- General Retail Health Club
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
Links
Learn More About Investing in Retail Properties
Listing ID: 31821793
Date on Market: 5/16/2024
Last Updated:
Address: 7455 S Cicero Ave, Chicago, IL 60629
The Retail Property at 7455 S Cicero Ave, Chicago, IL 60629 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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