Listing Agency: Mid-America Real Estate Group | Oakbrook Terrace l***@midamericagrp.com Show Phone

Listed By: Kate Ruzevich

Source: Moodyscre

Added: Oct 5, 2022 Changed: Jul 6 Last Checked: Jul 21 at 3:02AM

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Investment Insights

Based on property information with market context.

This property offers a leasing opportunity at the northeast corner of Central Avenue and 159th Street in Oak Forest, Illinois. The property, suitable for retail or commercial use, features a strategic location with exceptional traffic exposure and accessibility. The property size is 1,600 square feet.

Key Highlights

• Prime location at the NE corner of Central Avenue & 159th Street.
• High visibility.
• Exceptional traffic exposure.

Property Analytics

Property Profile

Current Use

Garden of Eat’n Co. Restaurant

Suggested Use

Top Pick Real Estate Agency Restaurant Big Box & Wholesale Store Building Supply Auto Repair Shop Auto Parts Store

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

412

Businesses Nearby

2k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 83% Shops & Services 17%

SUBWAY Dining

1,821 visits/mo 0.3 miles

Gerber Collision & Glass Shops & Services

377 visits/mo 0.2 miles

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Prime retail space with high visibility and traffic exposure.

Where is this retail space located?

The property is located at 5560 159th St Oak Forest, IL.

What are key features of this property?

This property features: Prime location at the NE corner of Central Avenue & 159th Street.; High visibility.; Exceptional traffic exposure.