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4 Orland Square Drive - Orland Square Mall - Carson Pirie Scott, Orland Park, IL

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4 Orland Square Drive - Orland Square Mall - Carson Pirie Scott

Orland Park, IL 60462-3286 - South Route 45 Submarket

Property Type:Retail Sub Type:Department Store Status:Existing Year Built:-
Building Size:163,370 SF Land Area:13.16 AC (573,250 SF)
For Sale Price:For Sale Price/SF:-
Cap Rate:5.50 %
Anchor Tenants:Carson Pirie Scott

Property Description: Department Store

Property Use Description: Department Store

Sale Notes:

Stan Johnson Company is exclusively offering for sale the 163,370 square foot Carson' s department store located in Orland Park (Chicago), Illinois. The property sits on 13.16 acres and is an anchor in the Orland Square Mall, a 1.2 million square foot upscale shopping destination serving the south suburbs of Chicago.

Carson' s is operating under an absolute NNN lease with approximately 7.5 years remaining on the primary lease term. The lease features five additional renewal options at five years each with 3% rental increases at the beginning of each renewal option term.

Stan Johnson Company
David H Clary
(918) 494-2690

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