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66 Orland Square 66 Orland Square Dr 83,827 SF 100% Leased Retail Building Orland Park, IL 60462 $12,200,000 ($145.54/SF) 7.83% Cap Rate



Investment Highlights
- ?RECENT LEASING MOMENTUM HIGHLIGHTING STRONG RETAIL FUNDAMENTALS | 100% OCCUPIED
- ?SHADOW-ANCHORED BY A HIGH-PERFORMING SUPER REGIONAL MALL
- ?EXCEPTIONAL DEMOGRAPHICS SUPPORTING LONG-TERM TENANT PERFORMANCE
- ?10-YEAR WALT UNDERSCORING DURABILITY AND INCOME STABILITY
- ?SUPER-REGIONAL 3M+ SF RETAIL CORRIDOR
- ?HOME TO FIRST-TO-MARKET CONCEPTS
Executive Summary
With a durable rent roll anchored by experiential and entertainment-focused tenants—including Sky Zone, Slick City Action Park, and Time Mission—the asset features an impressive WALT of 9.45 years and offers investors secure in-place income with potential to achieve attractive cash-on-cash returns. The Property is further supported by strong area demographics, including average household incomes exceeding $131,000 within a 3-mile radius. This combination of tenant quality, market strength, and irreplaceable positioning creates a compelling opportunity for investors seeking a stable center in a supply-constrained, high-performing retail environment.
Property Facts
Amenities
- Signage
- Wheelchair Accessible
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
Sky Zone began in 2004 as an indoor trampoline park concept and grew into a brand focused on active entertainment and family recreation. Sky Zone now develops, operates, and franchises trampoline and active entertainment parks, offering attractions built around jumping, movement, and play. The company serves guests through park admissions, memberships, group events, and franchise expansion across a broad network of locations. Sky Zone is a large indoor active entertainment brand with a substantial presence in the category and a long-running franchise model.
Slick City began in 2022 and opened its first location in Denver, introducing a dry-slide entertainment concept built around indoor slides. The company combines giant slides with air courts, children's play areas, birthday parties, team outings, group events, and franchising. Slick City Action Park has since grown into a widening park network across the United States, and the company continues to expand through signed and operating locations, as well as new investment to support franchise growth.
Time Mission is a privately held entertainment company specializing in immersive, team-based gaming experiences that combine physical and mental challenges. Founded in 2019, the company introduced its first location in Rhode Island and has since expanded into multiple U.S. markets. Each venue features themed “portals” offering interactive missions designed to test intelligence, strength, coordination, and speed. Time Mission operates within the location-based entertainment sector and has partnered with LOL Entertainment to accelerate its expansion across the Northeast and Texas. The company is headquartered in Cranston, Rhode Island, and continues to develop new sites to meet growing demand for competitive social gaming.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Arts, Entertainment, and Recreation | 28,646 SF | - | Single Net | Aug 2036 | |
|
Arts, Entertainment, and Recreation | 44,573 SF | - | - | Nov 2035 | |
|
Arts, Entertainment, and Recreation | 10,608 SF | - | - | Feb 2036 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 27-10-400-044-0000 | Improvements Assessment | $609,156 |
| Land Assessment | $660,881 | Total Assessment | $1,270,037 |
Property Taxes
Contact the Sale Advisor
66 Orland Square | 66 Orland Square Dr
