7650 Barrington Rd, Hanover Park, IL 60133
60,000 SF Specialty Building Offered at $9,281,250 at a 6.40% Cap Rate in Hanover Park, IL 60133
For Sale
Active
2 pictures
- Date Added:
- September 16, 2024
- Days on Market:
- 7 days
Asking Price $9,281,250
- Property Type
-
Specialty
- Square Feet
- 60,000 SF
- Price / Square Foot
- $155
Listing Contacts
Glen Kunofsky
Verified Profile
Anthony D'Ambrosia
Verified Profile
Josh Kanter
Verified Profile
- Property Info
Property Overview
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 Details
- Year Built/Renovated
- 1989/2021
- Stories
- 1
Highlights
- Long-Term, 15-Year Lease | Over 9 Years Remaining
- Largest Non-Franchised Fitness Operator in the Nation | Over 700 Locations in the United States and Canada
- Strong Local Ranking Against Other LA Fitness Centers | Ranks 87th Percentile within a 15-Mile Radius | 2nd Best LA Fitness in the Local Area
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