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7650 Barrington Rd - LA Fitness

60,000 SF Specialty Building Offered at $9,281,250 at a 6.40% Cap Rate in Hanover Park, IL 60133

Specialty Properties Illinois Hanover Park 7650 Barrington Rd, Hanover Park, IL 60133

Investment Highlights

  • Long-Term, 15-Year Lease | Over 9 Years Remaining
  • Strong Local Ranking Against Other LA Fitness Centers | Ranks 87th Percentile within a 15-Mile Radius | 2nd Best LA Fitness in the Local Area
  • Largest Non-Franchised Fitness Operator in the Nation | Over 700 Locations in theUnited States and Canada

Executive Summary

NNN Pro Group is pleased to present the exclusive listing for the LA Fitness located at 7650 Barrington Road in Hanover Park, IL. The site consists of roughly 60,000 rentable square feet of building space on an estimated 3.21-acre parcel of land. This property is subject to a 15-year lease, with the current annual rent being $594,000.

Property Facts

Price $9,281,250 Building Class B
Price Per SF $155 Lot Size 3.21 AC
Sale Type Investment Building Size 60,000 SF
Cap Rate 6.40% No. Stories 1
Property Type Specialty Year Built/Renovated 1989/2021
Property Subtype Recycling Center
Price $9,281,250
Price Per SF $155
Sale Type Investment
Cap Rate 6.40%
Property Type Specialty
Property Subtype Recycling Center
Building Class B
Lot Size 3.21 AC
Building Size 60,000 SF
No. Stories 1
Year Built/Renovated 1989/2021

Amenities

  • Air Conditioning
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7650 Barrington Rd, Hanover Park, IL - aerial map view
Walk Score ®
Very Walkable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
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, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 06-25-411-037-0000 Improvements Assessment $238,343
Land Assessment $412,329 Total Assessment $650,672

PROPERTY TAXES

Parcel Number
06-25-411-037-0000
Land Assessment
$412,329
Improvements Assessment
$238,343
Total Assessment
$650,672
(332) 345-4222

  • Listing ID: 34135017

  • Date on Market: 12/9/2024

  • Last Updated:

  • Address: 7650 Barrington Rd, Hanover Park, IL 60133

More public record information on 7650 Barrington Rd, Hanover Park, IL 60133

The Specialty Property at 7650 Barrington Rd, Hanover Park, IL 60133 is currently available For Sale. Contact NNN Pro Group for more information.

Specialty PROPERTIES IN NEARBY NEIGHBORHOODS

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7650 Barrington Rd - LA Fitness
(332) 345-4222 x

7650 Barrington Rd - LA Fitness

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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

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