Health Clubs
LA Fitness – Westmont, IL
Health Clubs Offerings
LA Fitness – Westmont, IL
100 W 63rd Street
Westmont, IL 60559
- Price:
- $16,641,481
- Cap Rate:
- 6.75%
- NOI:
- $1,123,300
- Rentable SQFT:
- 47,000 SF
- Year Built:
- 2020
- Lot Size:
- 3.29 AC
- Lease Type:
- NNN
- Type of Ownership:
- Fee Simple
- Status:
- Available
Investment Highlights
- Long Term Lease | Recent Construction
- Top Performing Location
- Robust Retail Corridor
- Moody’s Upgrades Fitness International’s CFR To B3 – 6/29/2022
- Excellent Demographics
The NNN Fitness Group is pleased to bring to market a 47,000 square-foot LA Fitness located in Westmont, IL. The LA Fitness Signature Club was completed in 2020 and offers investors a secure long-term income stream featuring approximately 12.5 years remaining on the initial lease term with minimal LL responsibilities and 10% increases every five years and at each renewal option. This location is the #1 LA Fitness in the state of Illinois according to Placer Ai foot traffic in the trailing 12 months. The property is ideally positioned in the affluent Chicago suburb of Westmont at the high-traffic intersection of W 63rd Street and Cass Avenue, seeing a combined 52,100 vehicles per day.
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