14259-14279 Wolf Rd - Retail FOR SALE


Orland Park, IL 60467
$4,600,000 USD
708-927-8000
14259-14279 Wolf Rd, Orland Park, IL for Sale
$4,600,000 USD
Retail - FOR SALE
1/4
null | 6.74% Cap Rate

14259-14279 Wolf Rd
Orland Park, IL 60467


HIGHLIGHTS

  • 11 Unit Strip Center
  • 79.25% Occupied
  • Value Add Opportunity
  • 3,895sf Vacancy
  • Long-Term Quality Tenants

OVERVIEW

11 unit multi-tenant retail center for sale on a 1.39 acre site. The property is 79.25% occupied with 10 current tenants. 8 leases are triple net, and 2 leases are full-service gross. The property is located on the west part of Orland Park. The property was built in 1977. Property features include long-term quality tenants, pylon signage, and anchored by Pop's Italian Beef. Value-add opportunity to increase four (4) m/m tenants as well as 1 vacant space. One vacant space is 3,895sf

FOR SALE DETAILS

PRICE

$4,600,000 USD

PRICE/SF

$244 USD /SF

CAP RATE

6.74%

% 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 Policy.