24 Orland Square Dr
Orland Park, IL 60462
Blaze Pearle & Pearle Vision · Retail Property For Sale

Blaze Pizza & Pearle Vision is located in Orland Park, IL, approximately 25 miles southwest of downtown Chicago. The property was recently renovated to accommodate Blaze Pizza in the building, with each tenant occupying approximately an equal share of the building. The two-tenant strip center is situated on a 0.79 acre parcel with 36 parking spaces along S. LaGrange Road, which is the primary north / south thoroughfare in the sub-market featuring excellent vehicular exposure of 44,200 VPD. Additionally, the Orland Park sub-market features more than 5 million square feet of retail and has annual retail sales volume in excess of $1.67 billion, the fifth highest of any Chicago suburb. The property is an outlot to the 1.23 million square foot Orland Square Mall, which is the largest mall in the southwestern Chicago suburbs and anchored by Macy' s, Carson Pirie Scott, Sears, and JCPenney. The site benefits from plenty of national co-tenancy in the immediate area, including: Whole Foods, Mariano' s, Walgreens, Dick' s Sporting Goods, Costco, Jewel-Osco, Lowe' sChipotle, Panera, Target, Best Buy, Chick-fil-A, Marshalls, Michaels, Trader Joe' s, Nordstrom Rack, and more. The immediate market along LaGrange has seen a large amount of recent development, showing the commitment the village has to providing its citizens to first class facilities, including new retail, residential, infrastructure, and medical establishments. The University of Chicago Medicine is under construction on their 110,000 square foot medical office facility, which will complement the 96% occupied Ninety 7 Fifty on the Park multi-family project at the NWC of 143rd and LaGrange. Also new to the village in 2016 is a 73,000 square foot Mariano' s Fresh Market, which is a dominant regional grocer and located at 142nd & LaGrange. The newly developed grocery store will compliment a new 231 unit multi-family project adjacent to the grocery store, providing plenty of first class residences for citizens. Finally, the Illinois Department of Transportation recently spent $95 million to widen LaGrange Road, which is scheduled for completion in Q4 2016. The project widened LaGrange Road to three lanes in each direction to increase traffic flow and increase vehicular safety in the area.