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58-98 E Schoolhouse Rd 14,916 SF 100% Leased Retail Building Yorkville, IL 60560 $2,985,991 ($200.19/SF) 7.20% Cap Rate



Investment Highlights
- 100% occupied multi-tenant retail center along Yorkville’s high-traffic Route 47 corridor
- Diverse service-oriented tenant mix including Anytime Fitness, Southern Belle, Verlo Mattress, and LA Tan
- Attractive investor yield with ~7.2% current cap rate and ~7.7% pro-forma cap rate
- Strong in-place NOI of approximately $215K with projected NOI growth to ~$227K
- Approximately 262’ of frontage with excellent visibility and access from Route 47
- Built-in upside through contractual rent increases and future lease rollover opportunities
Executive Summary
Tenants Include: Southern Belle (Restaurant), LA Tan, Anytime Fitness, & Verlo Mattress.
Property Facts
Amenities
- Signalized Intersection
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
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Anytime Fitness is a global fitness franchise headquartered in Woodbury, Minnesota, and was founded in 2002. The company operates under Self Esteem Brands, its parent organization, which later merged with Orangetheory Fitness to form Purpose Brands. Anytime Fitness was established to provide members round-the-clock gym access through compact, convenience-focused fitness centers. Its franchising model accelerated rapid expansion and helped position it as a major international fitness brand. Over the years, Anytime Fitness has developed a significant global footprint supported by accessible membership options and consistent gym formats. The organization maintains a privately held structure under its parent company and continues to build on its original mission of providing accessible fitness solutions. Notable milestones include its large-scale international growth and the strategic merger that created a broader wellness-focused holding company.
L.A. Tan was first established in the early 1990s in Lincolnwood, Illinois. Nick Patel, the current owner and CEO of L.A. Tan, has operated this chain since 2001. What started as a four store chain, now has over 130 locations in four different states. All of the L.A. Tan locations are networked through a computer interface that allows L.A. Tan patrons to tan at any L.A. Tan salon nationwide. L.A. TAN is the fastest growing tanning salon chain in the Midwest region with over 130 salons. L.A TAN’s state of the art tanning salons are managed by highly trained and certified skin care professionals. These professionals provide complete skin care consultation with customized packages, best suited for individual skin type. Each Salon offers over 5 different levels of tanning. Their salons carries specially selected, top-of-the-line lotions to help them achieve a deeper,faster and longer-lasting tan.
Here at Southern Belle’s, we strive to provide you a wholesome breakfast & lunch. We promise to do our best to prepare your meal just the way you like it using the freshest ingredients seasonally available. Sit back and let us do the dishes!
- Verlo Mattress
- Retailer
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99,999 SF
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Lorem Ipsum
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Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
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Arts, Entertainment, and Recreation | 99,999 SF | - | - | Jan 0000 | |
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Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 | |
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Accommodation and Food Services | 99,999 SF | - | - | Jan 0000 | |
| Verlo Mattress | Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 02-32-480-011 | Improvements Assessment | $293,265 |
| Land Assessment | $61,786 | Total Assessment | $355,051 |
Property Taxes
Presented by
58-98 E Schoolhouse Rd
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