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15131-15139 S La Grange Rd
Orland Park, IL 60462
Dave's Hot Chicken | America's Best · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 100% Occupied Three-Tenant Retail Outparcel with an Outstanding Tenant Mix
- Excellent Visibility with Multiple Access Points
- Dense, Affluent Demographic Base
- Easy-to-Lease Boxes with Future Rental Upside
- Outparcel to Market-Dominant Power Center
EXECUTIVE SUMMARY
???????The Offering provides a unique opportunity to acquire a three-tenant retail property located at 15131-15139 S La Grange Rd, Orland Park, IL (the “Property”). The Property serves as an outparcel to the 650,000 square foot, market-dominant retail power center, Orland Park Market Place in Orland Park, IL. The Property consists of approximately 10,000 square feet of retail space on a 0.58-acre parcel and is 100% leased to The Vitamin Shoppe, America’s Best Contacts & Eyeglasses, and Dave’s Hot Chicken—all operating under net lease agreements.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
10,000 SF
Building Class
B
Year Built
2005
Price
$5,319,187
Price Per SF
$531.92
Cap Rate
7.50%
NOI
$398,939
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.40
Lot Size
0.58 AC
Zoning
B-2
Parking
40 Spaces (4 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 27-15-100-030-0000 | Improvements Assessment | $202,864 |
| Land Assessment | $79,466 | Total Assessment | $282,330 |
PROPERTY TAXES
Parcel Number
27-15-100-030-0000
Land Assessment
$79,466
Improvements Assessment
$202,864
Total Assessment
$282,330
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