BioLife Plasma Services and Planet Fitness
Villa Park, IL 60181
225 W Roosevelt Logo Image
225 W. Roosevelt Road
Villa Park, IL 60181
  • Asking Price: $7,246,000
  • Cap Rate: 7.00%
  • Property Type: Retail
  • Status: Available
PROPERTY DETAILS:

Baum Realty Group, LLC has been exclusively retained by ownership to sell the BioLife Plasma Services and Planet Fitness two-tenant property located at 225 W. Roosevelt Road in Villa Park, IL (Chicago MSA). An investor will enjoy excellent asset appreciation because of extremely attractive rent increases for both tenants, including 10% every 3 years for Planet Fitness and 2% annual escalations for BioLife. 504 feet of frontage and monument signage along the highly trafficked Roosevelt Road provide superior exposure to 55,000 VPD with multiple access points for customers. The site is situated between two major north / south highways in the area, I-355 (143,000 VPD) and IL-83 (89,000 VPD) providing customers with convenient access to the site and high traffic exposure. Approximately 1.5 miles south is the Lombard / Oak Brook super regional office and retail market featuring 17M SF of combined inventory including two top performing malls, Oakbrook Center and Yorktown Center.