Listed by Marcus & Millichap - San Diego
$12,857,143
LA Fitness | Broadview, IL
Details
Property Type Retail
Sub Type Fitness, Gym
Square Footage 50,040
Cap Rate 7.00%
NOI $900,000
Tenancy Single
Brand/Tenant LA Fitness
Lease Type NN
Lease Expiration 03/30/2036
Remaining Term 10.8
Rent Bumps Yes
Lease Options (3) 5 Years
Price per SqFt $257
Broker Co-Op Yes
Year Built 2010
Acreage 3.820
Parking Spaces 250 spaces
Parking Per SqFt 5.00
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Rent Commencement 09/07/2010
Retail | 7.00% CAP | 50,040 SF
Marketing description
For Sale
Investment highlights
Strong Commitment & Future Upgrades
Part of Broadview Village Square Power Center
Top Performing Corporate Location
Strong Demographics and Economic Growth
Listing Contacts
Listed by Marcus & Millichap - San Diego
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$900,000.00
$75,000.00/mo
Valuation Metrics
0
DSCR
7%
Cap Rate
7%
ROI
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