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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
- Lease Type
- Lease End
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- Arts, Entertainment, and Recreation
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99,999 SF
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Jan 0000
Anytime Fitness began in Minnesota in 2002 as a network of smaller neighbourhood gyms built around convenience, affordability, quality equipment and friendly service. The company operates a franchise system of 24-hour health and fitness clubs, with personal training, fitness consultations and coaching support among its offerings. Anytime Fitness now serves members through a wide international footprint across multiple continents and countries, combining club-based fitness with a broader franchise model.
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- Services
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99,999 SF
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Lorem Ipsum
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Jan 0000
L.A. Tan began in 2001 as a tanning salon chain and has since expanded its service mix beyond sun tanning. The company offers sun tan, spray tan, red-light therapy, complexion treatment, cryotherapy, infrared sauna, localized cryotherapy, NAD+ therapy, and FDA-cleared fat loss services. L.A. Tan is a salon business built around convenient booking, customer care, and a broad wellness-oriented menu for retail consumers.
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- Accommodation and Food Services
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99,999 SF
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Jan 0000
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 | $330,745 |
| Land Assessment | $69,339 | Total Assessment | $400,084 |
Property Taxes
Contact the Sale Advisor
58-98 E Schoolhouse Rd