9264 W 159th St, Orland Park, IL, 60462, US

Orland Park Center

Asset Description

21,935 SF Service Oriented Retail Center with 100% Occupancy With Synergistic Tenant Mix with Recent Leasing Momentum.

Investment Grade Tenancy I Outparcel Spin Off Potential

...

Building area Gross

20,998 sf

Occupancy

100.00%

Year built

1986

Land area Gross

2.24 acres (97,574 sf)

100 % Occupied | 7 Tenant Suites
Investment Grade Anchored | Moody's Long Term Credit Rating: A2 Bridgestone
Near Term Expiration Allows For Mark-to-Market Opportunities
Ability to Convert Existing Gross Lease to NNN In Future for Cashflow Upside
Income Diveristy-No Tenant Contributes More than 28% of Income at Asset
NNN Pad Spin Down Potential - Single Tenant Verizon Outlot Allows ofr Exit Flexibility
Dense & Affluent Submarket of Illinois with Average HHI of $114,656, Buying Power of $7.5B and 174,186 People in a 5-Mile Radius