14259-14279 Wolf Rd - Retail FOR SALE


Orland Park, IL 60467
$4,400,000 USD
708-927-8000
14259-14279 Wolf Rd, Orland Park, IL for Sale
$4,400,000 USD
Retail - FOR SALE
1/4
null | 6.69% Cap Rate

14259-14279 Wolf Rd
Orland Park, IL 60467


HIGHLIGHTS

  • Retail Center at a Busy Intersection
  • 80% Occupancy
  • Value Add Opportunity
  • Value-Add Opportunity
  • Long-Term Quality Tenants
  • 3,800sf Vacancy

OVERVIEW

FOR SALE +/- 18,219sf multi-tenant retail center on a +/- 1.39 acre site. The center is 80% occupied. The site is located on the west side of Orland Park in an upscale area. Property features include long-term tenants and pylon signage. The anchor Tenants in the center are Pop's Italian Beef and Pyramid Grocery store. Value-add opportunity here for the right investor. Potential to increase NOI by 20-30%.

FOR SALE DETAILS

PRICE

$4,400,000 USD

PRICE/SF

$233 USD /SF

CAP RATE

6.69%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Promenade Plaza

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

85

LAND DETAILS

CROSS STREETS

143rd St

LAND ACRES

1.65 AC

LAND SF

71,874 SF

ZONING

M1-1, Orland Park

APN/PARCEL ID

27-05-302-013-0000

ASK ABOUT THIS PROPERTY

Neil HaleemNetwork Commercial Real Estate, llc.More Info
708-927-8000

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Neil HaleemNetwork Commercial Real Estate, llc.More Info
708-927-8000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.