15411 S La Grange Rd
Orland Park, IL 60462
PNC Bank · Retail Property For Sale

Marcus & Millichap is pleased to present the exclusive listing for a PNC Bank Ground Lease located at 15411 South LaGrange Road in Orland Park, Illinois. The property consists of 3,875 square feet of building space. This PNC Bank has roughly 8.5 years remaining on the original 20-year triple-net ground lease. The bank will have five, 10-year tenant renewal options. Rent will increase by ten percent every five years in each of the five tenant renewal options. This PNC Bank property is located at 15411 South La Grange Road in Orland Park, Illinois. Orland Park is a village in Cook County, Illinois and a middle-class suburb of Chicago. Orland Park is 25 miles southwest of Chicago. There are approximately 76,485 people within a three-mile radius of this property and more than 166,097 within a five-mile radius. The median household income in the immediate area has increased by 16 percent since 2000 and is projected to increase by 13 percent over the next five years. The property is situated on South La Grange Road, which has average daily traffic counts of 50,325 vehicles. Nearby, West 159th Street experiences average daily traffic counts of more than 39,300 vehicles.