Hillside Town Center
150 S Mannheim Rd, Hillside, IL, 60162-1821, US
Description
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple interest in the freestanding Life Time Fitness located at 680 Woodlands Parkway in Vernon Hills, Illinois (“Property” or “Asset”). Life Time is operating on an absolute NNN lease with ±10.0 years of primary lease term remaining, 10% rent escalations every five years, four, five-year renewal options and zero landlord responsibilities.
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Attributes
NOI
CA$4,156,000
Building area net
13,052 sm
WAULT
10 years
Year built
2008
Media
Investment highlights
- Absolute NNN lease with ±10.0 years of primary lease term remaining and 10% rent escalations every 5 years
- Life Time Fitness is a premium lifestyle and leisure brand with more than 1.5+ million members
- #3 most visited Life Time Fitness location in Illinois (Placer.ai)
- Incredible demand characteristics driven by 1-mile AHHI of $211K and 17% population growth since 2010
- $350 billion in discretionary income from a sophisticated Vernon Hills consumer base
- Nearby Stevenson High School, a top-rated public school in IL and nationally
- Along major transportation network IL-21 with accessibility to 23,000 vehicles per day
Contact brokers
Life Time Fitness - Vernon Hills, IL (0 Properties)
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Last updated
Aug 4, 2025
