14301 S LaGrange Rd
Orland Park, IL 60462
The Gateway Center · Retail Property For Sale

“INTERNET-PROOF” TENANT LINE-UP – The Gateway Center is a 10,500-square-foot outlot building 100% leased to strong national tenants including Visionworks (corporate), McAlister’s (personal guaranty), and City Barbeque (corporate). All three tenants recently signed 10-year leases with rent bumps AFFLUENT DENSE DEMOGRAPHICS – The area within a 3-mile radius contains a population of over 61,000 and an average household income of $107,000, while a 5-mile radius has a population of 162,000 and an average household income of $101,000. STRONG TRAFFIC COUNTS & VISIBILITY – Ideally positioned at the southeast corner of 143rd Street (21,100 VPD) and LaGrange Road (42,300 VPD), The Gateway Center benefits from exceptional combined daily traffic counts and excellent site lines. GROWING TRADE AREA – The subject offering is prominently situated amongst significant new development at the intersection of 143rd Street and LaGrange Road including Main Street Triangle, an 80,000-square-foot mixed-use entertainment development, nearly 600 new residential units, The University of Chicago Medical Center, recently-opened Mariano’s, and more. NEW GROUND-UP CONSTRUCTION – The Subject Offering is a new construction outlot building which will feature aesthetically appealing architecture and will also limit any near-term capital expenditures. Also features brand new long-term leases with accretion.