Net Leased Fitness
800 Cog Cir Crystal Lake, IL 60014
For Sale
Contact for pricing
Pending
Single-tenant net leased Edge Fitness facility with extensive 2021 renovations and a lease running through 2037.
Property Size52,599 SF
Days on Market108
Property Features for 800 Cog Cir
General Information
Standard status
Pending
Size
52,599 SF
Property subtype
Retail
Listing Agency:
The Boulder Group
(847) 562-0003
Listed By:
Randy Blankstein · License #IL 471005983
Source:
Crexi
Added: Apr 11
Changed: Jul 20
Last Checked: Jul 27 at 3:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Boulder Group
Investment Insights
Based on property information with market context.
Single-tenant net leased Edge Fitness property with a 15-year lease commenced in April 2022 and scheduled to run through March 2037, with three 5-year options. The lease includes scheduled $1.00 per square foot increases every five years throughout the primary term. The property underwent extensive renovations for Edge Fitness in 2021, including a new roof with a 15-year warranty and a resurfaced parking lot. Edge Fitness recently began operating the location 24/7.
The 52,599-square-foot building is positioned within a dense retail corridor along Northwest Highway in the Chicago MSA in Crystal Lake, Illinois, with reported 30,800 vehicles per day. The property is also adjacent to State Route 31, reported at 33,500 vehicles per day, and is surrounded by a large collection of nationally recognized retailers.
This offering is focused on the existing single-tenant fitness use under the in-place net lease structure and the updated facility improvements completed in 2021.
The 52,599-square-foot building is positioned within a dense retail corridor along Northwest Highway in the Chicago MSA in Crystal Lake, Illinois, with reported 30,800 vehicles per day. The property is also adjacent to State Route 31, reported at 33,500 vehicles per day, and is surrounded by a large collection of nationally recognized retailers.
This offering is focused on the existing single-tenant fitness use under the in-place net lease structure and the updated facility improvements completed in 2021.
Key Highlights
- Single‑tenant net leased Edge Fitness building in Crystal Lake, IL with 15‑year lease starting April 2022 and running through March 2037
- Scheduled rent increases of $1.00/SF every five years during the primary term, plus three 5‑year options
- Extensive 2021 renovations for Edge Fitness, including a new roof with a 15‑year warranty and resurfaced parking lot
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Mma & Fitness — S Virginia Rd, Crystal Lake, IL 60014
- CrossFit North Wall — 93 berkshire dr unit a, crystal lake, il 60014
- CrossFit 104 — 93 Berkshire Dr, Crystal Lake, IL 60014
- Fitchick Bootcamp — 93 Berkshire Dr, Crystal Lake, IL 60014
- RCfitness — 835 S Virginia Rd, Crystal Lake, IL 60014
Frequently Asked Questions
What type of property is this?
Fitness center & gym - Single-tenant net leased Edge Fitness facility with extensive 2021 renovations and a lease running through 2037.
Where is this fitness center & gym located?
The property is located at 800 Cog Cir Crystal Lake, IL.
What are key features of this property?
This property features: Single‑tenant net leased Edge Fitness building in Crystal Lake, IL with 15‑year lease starting April 2022 and running through March 2037; Scheduled rent increases of $1.00/SF every five years during the primary term, plus three 5‑year options; Extensive 2021 renovations for Edge Fitness, including a new roof with a 15‑year warranty and resurfaced parking lot
