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LA Fitness Signature | #1 LAF in IL 100 W 63rd St 47,000 SF 4-Star Retail Building Westmont, IL 60559 $23,790,665 CAD ($506.18 CAD/SF) 7.25% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Corporate-Backed Security
  • Build-to-Suite Signature Club
  • Top Performing Location, #1 LA Fitness in IL (Placer.ai)
  • Excellent Retail Synergy

EXECUTIVE SUMMARY

The NNN Fitness Group of Marcus & Millichap is pleased to bring to market a 47,000 square-foot LA Fitness Signature Club located in Westmont, IL. Completed in 2020 as a build-to-suit prototype facility, the property offers investors secure, long-term income with approximately 10.5 years remaining on the initial lease term and includes 10% rent increases every five years and at each of the three five-year renewal options. This location ranks as the #1 LA Fitness in Illinois and is in the top 2% of all U.S. fitness centers for foot traffic over the trailing 12 months, according to Placer.ai. The property is strategically positioned at the high-traffic intersection of W 63rd Street and Cass Avenue, which sees a combined 52,100 vehicles per day, in the affluent Chicago suburb of Westmont.

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual -
Annual Per SF -

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Health Club
Building Size
47,000 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2020
Price
$23,790,665 CAD
Price Per SF
$506.18 CAD
Cap Rate
7.25%
NOI
$1,724,841 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Lot Size
3.71 AC
Zoning
C-1
Parking
225 Spaces (4.79 Spaces per 1,000 SF Leased)

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Arts, Entertainment, and Recreation
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

LA Fitness continues to increase its presence by focusing on the one lifelong benefit valued by everyone: good health. Founded in Southern California in 1984, LA Fitness continues to seek innovative ways to enhance the physical and emotional well-being of their increasingly diverse membership base. Today, their state-of-the-art clubs span the continent, and they are still expanding. Their strong and successful growth stems from their commitment to understanding and meeting the distinct needs of each community they serve. With their wide range of amenities and a highly trained staff, they provide fun and effective workout options to family members of all ages and interests.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Arts, Entertainment, and Recreation 99,999 SF $9.99 Lorem Ipsum Jan 0000
Walk Score®
Very Walkable (73)
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.
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.®

NEARBY MAJOR RETAILERS

Starbucks
Mariano's
Amazon Fresh
Fifth Third Bank
Bank of America
U.S. Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-16-406-023
Land Assessment
$896,732 CAD
Improvements Assessment
$2,260,106 CAD
Total Assessment
$3,156,838 CAD
  • Listing ID: 37001298

  • Date on Market: 2025-07-29

  • Last Updated:

  • Address: 100 W 63rd St, Westmont, IL 60559

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