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Retail Space in Premier Location
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9608 161st Pl, Orland Park, IL

Ground-up retail development in a super regional market.

Space Size6,300 SF
Lot Size34.39 Acres
Days on Market695

Property Features for 9608 161st Pl

General Information

Standard status Active
Size 6,300 SF
Lot size 34.39 Acres
Property subtype RETAIL

Spaces For Lease

at 9608 161st Pl Contact us

SWC 159th St & La Grange Rd

Floor
Bldg
Size
6,300 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Ground up development in one of chicagoland’s premier trade areas - Super regional...
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Listing Agency: Mid-America Real Estate Group | Oakbrook Terrace
Listed By: Paige Schiesser
Source: Moodyscre
Added: Sep 26, 2024 Changed: Aug 8 Last Checked: Aug 20 at 6:29AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mid-America Real Estate Group | Oakbrook Terrace

Investment Insights

Based on property information with market context.

This ground-up retail development is located in one of Chicagoland's premier trade areas, a super regional market consisting of over 5 million square feet of retail space. Freestanding outlot opportunities are available. The property benefits from multiple access points from both La Grange Road and 159th Street. The property size is 6,300 square feet.

Key Highlights

  • Ground up development opportunity in a premier Chicagoland trade area.
  • Located in a super regional market with over 5 million square feet of retail.
  • Freestanding outlot opportunities available.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Auto Parts Store Big Box & Wholesale Store Storage Facility Garden Center Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

831
Businesses Nearby
375k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 47% Shops & Services 24% Electronics 14% Groceries 6%
Costco Wholesale Superstores
177,884 visits/mo 0.4 miles
Best Buy Electronics
42,123 visits/mo 0.4 miles
Five Below Shops & Services
33,054 visits/mo 0.5 miles
Aldi Groceries
24,049 visits/mo 0.5 miles
Dollar Tree Shops & Services
23,279 visits/mo 0.5 miles

Market

Lease Benchmarks for Orland Park, IL

$21.5 /SF/Yr
Avg Asking Price
$14–$32.5 /SF/Yr
Price Range
5,696 SF
Avg Space Size

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Ground-up retail development in a super regional market.
Where is this retail space located?
The property is located at 9608 161st Pl Orland Park, IL.
What are key features of this property?
This property features: Ground up development opportunity in a premier Chicagoland trade area.; Located in a super regional market with over 5 million square feet of retail.; Freestanding outlot opportunities available.
(630) 954-7221 Call to check price and availability
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