5917 S La Grange Rd
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5917 S La Grange Rd
25,250 SF Retail Building Countryside, IL 60525 £6,277,920 (£249/SF) 6.50% Net Initial Yield
Investment Highlights
- credit tenant with recent large investment in space
- ample parking
- excellent location, visibility and access
Executive Summary
Prime location leased to Esporta Fitness (Fitness International LLC). Early lease extension and over $2m invested to fully upgrade the facility which shows commitment to the location by the tenant. Located at a signalized intersection which provides excellent access and visibility.
Data Room Click Here to Access
- Offering Memorandum
Property Facts Under Contract
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Health Club
Building Size
25,250 SF
Building Class
B
Year Built
1998
Price
£6,277,920
Price Per SF
£249
Net Initial Yield
6.50%
NOI
£408,065
Tenancy
Single
Number of Floors
2
Building FAR
0.21
Lot Size
2.73 AC
Zoning
B-1 - Retail
Parking
180 Spaces (7.13 Spaces per 1,000 SF Leased)
Frontage
243 ft on S La Grange Rd
Amenities
- Pylon Sign
- Signage
- Signalised Intersection
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 18-16-400-031-0000 | Improvements Assessment | £164,434 |
| Land Assessment | £288,844 | Total Assessment | £453,279 |
PROPERTY TAXES
Parcel Number
18-16-400-031-0000
Land Assessment
£288,844
Improvements Assessment
£164,434
Total Assessment
£453,279
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GB Property Management
5917 S La Grange Rd
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