Meijer Outlot Value-Add Class A Retail Center | Chicago MSA 15845 S Harlem Ave, Orland Park, IL 60462, USA
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Property Overview
Price/Rent PSF $1,950.00
Asset Type Retail
Trade Type Sale
SQ. FT. Available 7,364
Date Available 02/08/2021
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Description

MEIJER’S OUTLOT VALUE-ADD RETAIL CENTER OPPORTUNITY

Meijer’s Outlet Class A Newer Construction 7,364 SF Retail Center w/ Patio Built in 2006

Value-Add Opportunity & Cap Rate Growth w/ Significant Upside Through Leasing the Remaining Vacant Spaces

Outstanding Frontage & High Visibility Site Along Highly Traveled Major Retail Thoroughfare

Over 230 Linear Feet of Prime Frontage on S Harlem Ave w/ 45,500+ VPD (IL Route 43)

Situated Near Highly Traveled Signalized Intersection of S Harlem & 159th St w/ Combined Total Traffic Counts of Over 79,800+ VPD

Monumental Street Signage

Abundant Parking

Prime Major Retail Corridor Surrounded by Numerous National & Regional Retailers

Area Traffic Generators Include: Meijer, Home Depot, Sam’s Club, Menards, McDonald’s, Portillo’s, Hobby Lobby, Burlington, Aldi, UChicago Medicine at Ingalls Medical Campus to Name a Few

Dense Area w/ Over 195,485 People Living within 5 Miles w/ Average Annual Household Income in Excess of $103,862

Close Proximity to La Grange Road (U.S. Route 45), 159th St (U.S. Route 7), I-80, & I-57 Expressways

Location

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