Fogo de Chão 15407 S La Grange Rd 7,222 SF 4-Star Retail Building Orland Park, IL 60462 For Sale 6.65% Cap Rate

The subject property is approximately located with excellent access and visibility along LaGrange Road (41,600 AADT), a primary north-south thoroughfare. The site benefits from excellent access approximately 4.5 miles from the I-80 arterial (116,300 AADT). The site benefits from robust and dense demographics within a 5-mile radius, with a total daytime population of 157,119 and average household income of $133,823. Additionally, nearly 45% of the population having obtained a Bachelors’ degree or higher within a 3-mile radius.

The property benefits from a strategic location within a dense and dynamic retail corridor in Chicago’s southwest suburbs. The property is located outparcel to Orland Park Place, featuring Dick’s Sporting Goods, Nordstrom Rack, Marshalls, Ross, Old Navy, Kohl’s, Barnes & Noble, and more. Neighboring shopping centers include Lake View Plaza, anchored by Best Buy, Ulta, Petco, Dollar Tree, and more; Orland Towne Center, anchored by Walmart, Supercenter Five Below, Aldi, and PetSmart; Ravinia Plaza, anchored by Whole Foods; and Orland Square, anchored by Macy’s, JCPenney, and Von Maur. Other nearby retail tenants include Costco, Target, Lowe’s, Trader Joe’s, Walgreens, REI, Chick-fil-A, Chipotle, Five Guys, Marcus Theatres, and more.

Major area employers Tinley Park Convention Center and Odyssey Fun World are each located approximately 8 miles from the site. Tinley Park Convention Center hosts hundreds of major events each year hosting up to 6,500 people at each event, and Odyssey Fun World is a children’s amusement center. Nearby colleges include Moraine Valley Community College – SW Education Center (19,006 students); Chamberlain University, the largest nursing school in the U.S. with 26,000+ students; Rasmussen University – Mokena/Tinley Park (approximately 2,700 students); and Lewis University (approximately 4,000 students); as well as numerous elementary, middle, and high schools; driving significant traffic to the site from students, teachers, and parents.

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