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Single Tenant Net Lease Investment

6101 N Broadway St, Chicago, IL

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For Sale

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Long-term net lease with rental increases in a high-traffic area.

Type:RETAIL

Property size:

22,000 SF

Lot size:

0.27 Acres

Price / SF:

$391/SF

HighLights

Long‑term single tenant net lease with approximately 4 years remaining, ideal for passive income.
Credit tenant: Corporate lease signed by Fitness International, LLC (LA Fitness), rated “B” Stable by S&P.
Rental increases: 10% rental increases every 5 years, increasing NOI and protecting against inflation.
Densely populated and affluent trade area: Over 709,000 residents and 235,000 employees within 5 miles.
High traffic location: Situated at a signalized intersection with over 21,000 vehicles per day.
Excellent visibility and accessibility: Located on the Red Line of the Chicago Transit Authority (CTA) rail system, near the Granville stop.

We can help!

Listing Contact

Chuck Klein

For Sale

Contact for pricing

Long-term net lease with rental increases in a high-traffic area.

Type:RETAIL

Property size:

22,000 SF

Lot size:

0.27 Acres

Price / SF:

$391/SF

Added:: Nov 26, 2025
Days on Market:: 201
Last Refresh:: Apr 5 at 9:15 pm

Property Features for 6101 N Broadway St

General Information

Standard status: Active
Size: 22,000 SF
Lot size: 0.27 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Chuck Klein

Listing agent Chuck Klein

Listing office SRS Real Estate Partners | San Diego

Listing date Nov 26, 2025

Source Moodyscre

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 SRS Real Estate Partners | San Diego

HighLights

Long‑term single tenant net lease with approximately 4 years remaining, ideal for passive income.
Credit tenant: Corporate lease signed by Fitness International, LLC (LA Fitness), rated “B” Stable by S&P.
Rental increases: 10% rental increases every 5 years, increasing NOI and protecting against inflation.
Densely populated and affluent trade area: Over 709,000 residents and 235,000 employees within 5 miles.
High traffic location: Situated at a signalized intersection with over 21,000 vehicles per day.
Excellent visibility and accessibility: Located on the Red Line of the Chicago Transit Authority (CTA) rail system, near the Granville stop.

Overview

This property features a long-term, single-tenant net lease with approximately 4 years remaining, offering fee simple ownership. The lease agreement includes limited landlord maintenance and expense responsibilities. Rental increases are scheduled at 10% every 5 years throughout the initial term and at the beginning of each option period. The tenant is Fitness International, LLC, rated "B" Stable by S&P, which operates over 728 locations throughout the US. LA Fitness’ sales for FY24 are estimated to have grown by 10% to $2.3 billion. The property is situated in a densely populated and affluent trade area with more than 709,000 residents and 235,000 employees within a 5-mile radius. The average household income exceeds $136,000 and is projected to increase to $147,000 by 2030. The location benefits from high traffic and excellent visibility at the signalized intersection of North Broadway, which sees in excess of 21,000 vehicles per day. It is also located on the Red Line of the Chicago Transit Authority (CTA) rail system, one block north of the Granville stop. The Red Line recorded over 756,000 total passenger entries at the Granville stop in 2024. The property size is 22,000 square feet.

Property Profile Location Intelligence

Current Use by Public Records

Fitness centers & gyms

Suggested Use

Similar Places Nearby

DNA Sports — 4417 N Greenview Ave, Chicago, IL 60640
Montrose Fields — W Montrose Ave, Chicago, IL 60640
REIKI RIVERS — 1025 w sunnyside ave, chicago, il 60640
XSPORT FITNESS — 4429 N Broadway, Chicago, IL 60640
Paratus Performance — 834 W Montrose Ave, Chicago, IL 60613

Location Insight

Map
Local Demand

City: Chicago
County: Cook
State: Illinois
Longitude: -87.6599
Latitude: 41.9925

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For sale
Fitness centers & gyms
IL
Chicago
6101 N Broadway St

What type of property is this?

Fitness center & gym - Long-term net lease with rental increases in a high-traffic area.

Where is this fitness center & gym located?

The property is located at 6101 N Broadway St Chicago, IL.

What is the asking price?

The asking price for this property is $8,622,000.

What are key features of this property?

This property features: Long‑term single tenant net lease with approximately 4 years remaining, ideal for passive income.; Credit tenant: Corporate lease signed by Fitness International, LLC (LA Fitness), rated “B” Stable by S&P.; **Rental increases: 10% rental increases every 5 years**, increasing NOI and protecting against inflation.

6101 N Broadway St, Chicago, IL

Long-term net lease with rental increases in a high-traffic area.

Property Features for 6101 N Broadway St

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Renovated Chicago Industrial Flex Warehouse

West Town Corner Retail Space

Turnkey Restaurant Venue with PPA License

Turnkey Restaurant Venue with PPA License

Turnkey Restaurant Venue with Licenses

Turnkey Restaurant Opportunity in Chicago

Prime Retail Space in Chicago

Chicago Office Building with Parking

Chicago Commercial Buildings For Sale

Chicago Commercial Space for Sale

Fulton River District Commercial Loft

Wicker Park Corner Retail Building

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