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NWC 159th St & LaGrange Rd 15896-15898 S La Grange Rd

14,281 SF 100% Leased Retail Building Orland Park, IL 60467 $9,600,000 ($672/SF) 6.70% Cap Rate

Retail Buildings Illinois Orland Park 15896-15898 S La Grange Rd, Orland Park, IL 60467

Investment Highlights

  • Situated at the epicenter of the Orland Park regional retail trade market at the major signalized intersection of LaGrange Road and 159th Street US-6
  • The property is 100% leased to a diverse and stable tenant line-up, including Aspen Dental, AT&T, Mattress Firm, and Al Hamawi Roastery & Café.
  • On the South West Corner of LaGrange Rd and 159th St, across from Lake View Plaza Outlots, a new 34+ acre ground up development is being pre-leased.
  • Orland Park is one of the most sought-after retail submarkets in the Chicago MSA with over 11 million square feet of retail space.
  • 329,903 SF major regional shopping center anchored by Ulta Beauty, Best Buy, Going, Going, Gone, Bob’s Discount Furniture, Value City Furniture,etc

Executive Summary

Please Visit Matthews Real Estate Website to sign a CA and view OM
https://www.matthews.com/properties/sc-att-store-mattress-firm-aspen-dental-orland-park-il/

Matthew M. Fitzgerald
License No. 478027547 (IL)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,281 SF
Building Class
A
Year Built
2016
Price
$9,600,000
Price Per SF
$672
Cap Rate
6.70%
NOI
$643,200
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Land Acres
1.34 AC
Parking
68 Spaces (4.76 Spaces per 1,000 SF Leased)
Frontage
283 FT on South LaGrange Road

Amenities

  • 24 Hour Access
  • Corner Lot
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Monument Signage
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Kiswani Nuts
  • Accommodation and Food Services
  • -
  • -
  • Lorem Ipsum
  • Jan 0000
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Kiswani Nuts Accommodation and Food Services - - Lorem Ipsum Jan 0000

Links

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Nearby Major Retailers

Buffalo Wild Wings
Clean Eatz
Bank of America
Starbucks
Uncle Julio's
Five Guys
Huntington National Bank
F45 Training, Inc.
Red Robin
TGI Fridays

PROPERTY TAXES

Parcel Number 27-16-403-009-0000 Improvements Assessment $344,850
Land Assessment $148,647 Total Assessment $493,497

PROPERTY TAXES

Parcel Number
27-16-403-009-0000
Land Assessment
$148,647
Improvements Assessment
$344,850
Total Assessment
$493,497
(773) 572-5885

  • Listing ID: 33586501

  • Date on Market: 10/21/2024

  • Last Updated:

  • Address: 15896-15898 S La Grange Rd, Orland Park, IL 60467

More public record information on 15896-15898 S La Grange Rd, Orland Park, IL 60467

The Retail Property at 15896-15898 S La Grange Rd, Orland Park, IL 60467 is currently available For Sale. Contact Matthews Real Estate Investment Services for more information.

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(773) 572-5885 x

NWC 159th St & LaGrange Rd | 15896-15898 S La Grange Rd

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