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LA Fitness | Recent 10 Yr Lease Extension 200 Broadview Village Sq 50,040 SF Retail Building Broadview, IL 60155 $12,000,000 ($239.81/SF) 7.50% Cap Rate
Investment Highlights
- STNL HEALTH CLUB PORTFOLIO: AVAILABLE INDIVIDUALLY OR AS A PORTFOLIO
- Part of Broadview Village Square Power Center
- Strong Demographics and Economic Growth
- Strong Commitment & Future Upgrades
- Top Performing Corporate Location
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Actual - 2026) 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 - 2026) 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
50,040 SF
Building Class
B
Year Built
2010
Price
$12,000,000
Price Per SF
$239.81
Cap Rate
7.50%
NOI
$900,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.30
Lot Size
3.82 AC
Zoning
C-2
Parking
250 Spaces (5 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Dedicated Turn Lane
- Pool
- Pylon Sign
- Signage
- Signalized Intersection
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Arts, Entertainment, and Recreation
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
LA Fitness began in Southern California in 1984 and grew into a gym and health club chain serving members across the United States and Canada. The company offers a wide range of amenities, including cardio and free-weight equipment, basketball, racquetball, swimming, indoor cycling, personal training, and group fitness, along with newer club features such as contactless check-in and trial access options. LA Fitness positions its clubs around broad fitness support for members of different experience levels and interests, while continuing to expand its network of state-of-the-art facilities.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Arts, Entertainment, and Recreation | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 15-22-411-024-0000 | Improvements Assessment | $993,648 (2025) |
| Land Assessment | $407,200 (2025) | Total Assessment | $1,400,848 (2025) |
Property Taxes
Parcel Number
15-22-411-024-0000
Land Assessment
$407,200 (2025)
Improvements Assessment
$993,648 (2025)
Total Assessment
$1,400,848 (2025)
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