VASA Fitness | Brand-New 15-Yr Lease | 3-Mile AHHI $139,707 | Target Shadow Anchor | Brand New Roof
501 South County Farm Road, Wheaton, IL
$12,761,000
Price
7.75%
Cap Rate
$989,040
NOI
Overview
Description
The NNN Fitness Group of Marcus and Millichap is pleased to bring to market a brand new 65,936 square foot VASA Fitness located in Wheaton, IL. This VASA Fitness has a new 15-year lease with (3) 5 Year options for renewal, and healthy rent and price PSF. The large state-of-the-art facility offers substantial space for equipment and cardio areas, group and specialty classes, indoor heated lap pool, saunas, basketball courts, recovery areas and full-service locker rooms. VASA Fitness is a leader in the high-value low price (HVLP 2.0) market which is the fastest-growing segment in the industry.
This property is ideally positioned in the highly affluent DuPage County, the second-most-populous county in Illinois. The surrounding 3-mile area has 73,600 residents with an average household income of $139,707. This VASA Fitness location is shadow anchored by Target and Kohl’s and is located less than 30 minutes from downtown Chicago.
Highlights
- Brand New 15 Year Lease
- Affluent Demographics
- DuPage County Real Estate Taxes
- Easy Access-to-and-from Chicago
- High-Value Low Price Leader
Documents
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VASA_Fitness__Wheaton__IL_-_OM.pdf
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