7455 S Cicero Ave - Freestanding FOR SALE


Chicago, IL 60629- Scottsdale
$3,054,800 USD
248-848-4089
7455 S Cicero Ave, Chicago, IL for Sale
$3,054,800 USD
Freestanding - FOR SALE
1/23
null | 7% Cap Rate

7455 S Cicero Ave
Chicago, IL 60629
Scottsdale


HIGHLIGHTS

  • NNN Lease - ±7 years remaining - fee simple (land & building); 10% rental escalations (next bump 2027)
  • Planet Fitness (NYSE: PLNT) - 2,500 clubs across the world; S&P 400 component
  • Huge upside through rent growth; 10% increase in ±2 years (April 2027) - effective inflation hedge

OVERVIEW

This single-tenant investment property at 7455 S Cicero Ave, Chicago, IL, is anchored by Planet Fitness (NYSE: PLNT), a globally recognized fitness brand with over 2,500 clubs. The NNN lease offers approximately 7 years remaining with 10% rental escalations, including a scheduled increase in April 2027. The 2.27-acre fee-simple property presents a stable investment opportunity with minimal management requirements and an asking price of $3,054,800 at a 7.00% CAP rate. Neighboring retailers include Target, The Home Depot, Marshalls, and more, enhancing the location’s value.

FOR SALE DETAILS

PRICE

$3,054,800 USD

PRICE/SF

$146 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Planet Fitness

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.27 AC

LAND SF

98,881 SF

ZONING

-

APN/PARCEL ID

19-27-304-041-0000

ASK ABOUT THIS PROPERTY

Steven SilvermanFriedman Real EstateMore Info
248-848-4089

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Steven SilvermanFriedman Real EstateMore Info
248-848-4089

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.