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    504 Northwest Hwy Cary, IL 60013

    Sponsored
    For Lease
    $18 SF/Yr

    4,603 SF Fitness Space Available

    Lot size:
    26,015 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4,603 square foot retail end cap space is located at the highly visible intersection of Route 14 (Northwest Highway) and Cary-Algonquin Road within a 26,015 square foot Walgreens-anchored strip center. Built in 1996, this single-story building offers a fantastic opportunity for a fitness-related business or similar tenant. The space boasts high ceilings, mirrored walls, two training rooms, and four bathrooms (two with showers). Additional features include a break room with laundry facilities, an office, and a reception area. A large window-lined open area provides ample natural light, and a roughly 1400 square foot studio area with mirrors is ideal for yoga, dance, or other fitness activities. Monument signage is available, ensuring high visibility for your business. The property includes 53 total parking spaces for customer convenience. The zoning is B2, and the property is situated in McHenry County (APN: 19-12-382-001). This is a single-tenancy space within a well-established center, offering a turnkey solution for a variety of businesses. The property's location at a signalized intersection guarantees significant traffic exposure. Don't miss this chance to secure a prime retail location in a thriving area.

    Property Features for 504 Northwest Hwy

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    26,015 SF
    Total Rate
    39564.48

    Building Details

    Year Built
    1996
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    4,603 SF
    Rate per SF
    $18

    HighLights

    • 26,015 SF retail building, single tenant, 1 story.
    • 4,603 SF vacant end‑cap space, previously Anytime Fitness.
    • Located at the signalized intersection of Northwest Hwy & Cary‑Algonquin Rd.
    • Features high ceilings, mirrored walls, training rooms, bathrooms, break room, office, and reception area.
    • Monument signage available.
    • Walgreens‑anchored strip center.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cary
    County
    McHenry
    State
    Illinois
    Longitude
    -88.2521414
    Latitude
    42.2154018

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Individual retail property - 4,603 SF Fitness Space Available
    Where is this individual retail property located?
    The property is located at 504 Northwest Hwy Cary, IL.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 26,015 SF retail building, single tenant, 1 story.; 4,603 SF vacant end-cap space, previously Anytime Fitness.; Located at the signalized intersection of Northwest Hwy & Cary-Algonquin Rd.
    Request Owner's contact information
    504 Northwest Hwy Cary, IL 60013
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    Cary, IL 60013
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    504 Northwest Hwy Cary, IL 60013
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