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422-550 E Rollins Rd
Round Lake Beach, IL 60073
LA Fitness | New 12yr Corp Net Lease · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Brand New 12-Year Lease Extension | Corporate Signature | Scheduled Rental Increases | 200 BPS Higher Than Latest Comp
  • Rollins Crossings (1.6M+ Visitors) | Adjacent to High Performing Meijer | Dense Retail Corridor | National/Credit Tenant Presence
  • Chicago MSA | Strong Demographics in 5-Mile Trade Area | Six Figure Incomes
  • Net Leased | Fee Simple Ownership | Minimal Landlord Responsibilities
  • Densification Through Upside Opportunity | Adjacent 3.37 Acre Land Pad Available

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
44,794 SF
Building Class
B
Year Built
2008
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
3.38 AC
Parking
360 Spaces (8.04 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06-16-201-010
Land Assessment
$274,096
Improvements Assessment
$714,444
Total Assessment
$988,540
  • Listing ID: 32768504

  • Date on Market: 8/12/2024

  • Last Updated:

  • Address: 422-550 E Rollins Rd, Round Lake Beach, IL 60073

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