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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 $17,043,000 ($362.62/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+ 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.

Offering Memorandum

Financial Summary (Actual - 2024) Click Here to Access	Annual	Annual Per SF
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
Annual	$99,999
Annual Per SF	$9.99

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	$99,999
Annual Per SF	$9.99

Net Operating Income
Annual	-
Annual Per SF	-

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Health Club

Building Size

47,000 SF

Building Class

LoopNet Rating

4 Star

Year Built

2020

Price

$17,043,000

Price Per SF

$362.62

Cap Rate

7.25%

NOI

$1,235,630

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)

Arts, Entertainment, and Recreation
99,999 SF
$9.99
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LA Fitness, founded in 1984 in Covina, California, is a privately held fitness club chain headquartered in Irvine, California. The company operates under its parent entity, Fitness International, and has grown into one of the largest health club operators in North America. LA Fitness provides a wide range of amenities, including group fitness classes, personal training, swimming pools, and specialized workout areas, catering to members of all fitness levels. Over the years, the company has expanded through acquisitions and the development of new locations, maintaining a strong presence across the United States and Canada. In addition to its flagship brand, LA Fitness has introduced and managed other fitness concepts, such as City Sports Club and Club Studio Fitness, to diversify its offerings. The company remains privately owned and continues to adapt its services to meet evolving fitness trends and consumer preferences.