Club Studio Sale-Leaseback - Elmhurst, IL
Pure NNN Sale-Leaseback, #1 Health Club Operator
Marketing description
• One-of-a-Kind Chicagoland Opportunity: Situated in affluent Elmhurst, this represents the only Club
Studio Sale-Leaseback available in the Midwest, benefiting from exceptional income levels and dense,
high-quality demographics
• High-End Conversion with Significant Capital Investment: Fitness International is investing
approximately $8,000,000 to convert its existing LA Fitness into a Club Studio, the company’s premium
luxury brand, reflecting a strong commitment to the location and long-term market demand
• Adjacent to Mariano’s - Strong Daily-Needs Traffic Driver: Positioned next to Mariano’s grocery, the
site benefits from consistent foot traffic, and is complemented by a Starbucks-anchored multi-tenant
outparcel, all within one of Elmhurst’s primary retail corridors
• Interstate Highway Visibility & Access: Strategically situated at an on/off ramp to I-290 Fwy, a 145,000+
CPD Interstate leading into downtown Chicago
• Excellent Nearby Demographics supporting the Club Studio offering:
∘ Surround affluence of $182,000+ Average Household Incomes & tremendous residential density of
285,000+ people within a 5-mi radius of the club
• Chicago-Naperville-Elgin, IL MSA: Population of 9.43MM+
∘ #1 largest metropolitan area in the Midwest
∘ #3 Largest in the United States
• Elmhurst, IL: One of the most Affluent Suburbs of Chicago with incomes & education levels in the upper
tier of Chicago
• 20-min Drive to Chicago O’Hare International Airport: 84M+ Annual Passengers
Investment highlights
• Sale-Leaseback: Single-Tenant Club Studio
∘ Corporate Lease with Fitness International, LLC [LA Fitness & Club Studio Parent Co.]
∘ Rare, Absolute NNN Lease. No landlord responsibilities.
∘ 20-year primary term, plus three (3), 5-year options
∘ 8% Rent Increases every 5 years, including Options
• About Club Studio
∘ Fitness International’s Highest-End health club offering
∘ $134 - $249 monthly memberships
∘ 18 Club Studio locations Open, 21 Coming Soon, & many more in the development pipeline
∘ Studio Row: Club Studio’s signature boutique classes all centralized under one roof -
» Pilates, HIIT, Cycling, Boxing & Hot Yoga
• About Fitness International, LLC
∘ Parent Company to Club Studio and LA Fitness
∘ (+) 660 open and operating full-service health clubs across North America, and expanding
∘ #1 largest health club operator in North America by revenue
∘ $2.2B Estimated Annual Revenue
∘ Founded in 1984, with over 40 Years of operational experience
∘ Strategic growth initiative focused on adding hundreds of new Club Studio locations nationwide over the next five years.
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