Discovery Clothing NNN
For Sale
Contact for pricing
15645 S La Grange Road, Orland Park, IL 60462
Absolute NNN lease structure assigns no landlord responsibilities during the term.
Property SizeContact for details
Days on Market146
Property Features for 15645 S La Grange Road
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Anchor Co-Tenants
Lowe's
Traffic Count
80,800 vehicles/day
Building Details
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Chicago
(312) 279-5345
Listed By:
Sean Lutz · License #IL 475132482
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 4:52PM
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 SRS Real Estate Partners Chicago
Investment Insights
Based on property information with market context.
This fee-simple investment includes the land and building occupied by Discovery Clothing in Orland Park. The property operates under an absolute NNN lease with a corporate guarantee from Discovery Clothing Co., transferring landlord responsibilities to the tenant. The lease was executed in 2017 for a 20-year initial term, with 19 years remaining and two 10-year extension options. Contractual rent increases by 1% annually during the initial term and option periods.
The site fronts La Grange Road/US Highway 45 near the signalized intersection with 159th Street, where combined traffic is reported at 80,800 vehicles per day. It is positioned as an outparcel to Lowe’s Home Improvement and sits beside a two-tenant pad occupied by Sleep Number and DXL. Additional surrounding retail includes Jersey Mike’s Subs, T-Mobile, Chick-fil-A, and Lake View Plaza across La Grange Road.
The property is approximately 25 miles southwest of Chicago within the Chicago MSA. The five-mile trade area includes more than 169,000 residents and over 74,000 employees, with an average household income of $109,000.
The site fronts La Grange Road/US Highway 45 near the signalized intersection with 159th Street, where combined traffic is reported at 80,800 vehicles per day. It is positioned as an outparcel to Lowe’s Home Improvement and sits beside a two-tenant pad occupied by Sleep Number and DXL. Additional surrounding retail includes Jersey Mike’s Subs, T-Mobile, Chick-fil-A, and Lake View Plaza across La Grange Road.
The property is approximately 25 miles southwest of Chicago within the Chicago MSA. The five-mile trade area includes more than 169,000 residents and over 74,000 employees, with an average household income of $109,000.
Key Highlights
- Absolute NNN lease with zero landlord responsibilities
- Discovery Clothing corporate guarantee
- 19 years remaining on a 20‑year lease executed in 2017
Property Analytics
Current Use
Lease Details
80,800 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,416
Businesses Nearby
741k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 26%
Shops & Services 23%
Apparel 22%
Groceries 15%
Barnes & Noble
Shops & Services
72,807 visits/mo
0.4 miles
Jewel-Osco
Groceries
67,482 visits/mo
0.3 miles
Chick-fil-A
Dining
66,342 visits/mo
0.1 miles
Whole Foods Market
Groceries
42,136 visits/mo
0.5 miles
Best Buy
Electronics
42,123 visits/mo
0.4 miles
Demographics for 60462, IL
40,539
Population
17,335
Households
2.3
Avg Household Size
45
Median Age
45%
College-Educated
94%
High-School Grad
16.0 sq mi
ZIP Area
2,534
Density / Sq Mi
$96,747
Median Household Income
$52,902
Median Earnings
$1,393
Median Rent
$330,400
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
NNN property - Absolute NNN lease structure assigns no landlord responsibilities during the term.
Where is this nnn property located?
The property is located at 15645 S La Grange Road Orland Park, IL.
What are key features of this property?
This property features: Absolute NNN lease with zero landlord responsibilities; Discovery Clothing corporate guarantee; 19 years remaining on a 20‑year lease executed in 2017
