7-Eleven Convenience
7601 W 159th Street, Tinley Park, IL 60477
For Sale
Contact for pricing
The 7-Eleven lease extends through 12/31/2040 and includes annual rent increases.
Property Size2,843 SF
Lot Size0.70 Acres
Price / SF$1,505
Days on Market8
Property Features for 7601 W 159th Street
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Net Operating Income
Financials
Asking Price
Cap Rate
Tenancy & Operations
Tenant in Place
In-Place Lease Type
Current Tenants
Real Estate Included
Additional Details
Road Access
Convenience Store
Building Details
Buildings
Tenancy
Listing Agency:
CBRE - Atlanta
Listed By:
Brian Pfohl · License #GA 349355
(404) 504-7893
Source:
Crexi
Added: Nov 2
Changed: Nov 8
Last Checked: Nov 8 at 6:25PM
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 CBRE - Atlanta
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Investment Insights
Based on property information with market context.
This 7-Eleven convenience store occupies a 2,843 SF building on a 0.70-acre parcel. 7-Eleven, Inc. leases the property under NNN terms through 12/31/2040. The lease provides for 1.04% annual rent increases, with the next adjustment scheduled for 1/1/2028, and includes five additional 5-year renewal options.
The property is at 7601 W 159th Street in Tinley Park, Illinois. Traffic on 159th Street is approximately 32,200 VPD; a nearby highway carries 40,500 VPD. The site’s convenience retail use and existing corporate tenancy define the property’s current commercial configuration.
The property is at 7601 W 159th Street in Tinley Park, Illinois. Traffic on 159th Street is approximately 32,200 VPD; a nearby highway carries 40,500 VPD. The site’s convenience retail use and existing corporate tenancy define the property’s current commercial configuration.
Key Highlights
- 7‑Eleven, Inc. NNN lease runs through 12/31/2040
- 2,843 SF building on a 0.70‑acre parcel
- Annual rent increases of 1.04%; next adjustment is 1/1/2028
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
611
Businesses Nearby
128k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 41%
Shops & Services 33%
Dining 15%
Apparel 11%
The Home Depot
Home Improvements & Furnishings
42,100 visits/mo
0.5 miles
Thorntons
Shops & Services
17,780 visits/mo
0.1 miles
Goodwill
Apparel
14,090 visits/mo
0.4 miles
Wendy's
Dining
11,554 visits/mo
0.3 miles
7-Eleven
Shops & Services
10,966 visits/mo
0.1 miles
Demographics for 60477, IL
37,335
Population
16,261
Households
2.3
Avg Household Size
43
Median Age
34%
College-Educated
95%
High-School Grad
14.2 sq mi
ZIP Area
2,629
Density / Sq Mi
$93,862
Median Household Income
$57,381
Median Earnings
$1,485
Median Rent
$262,400
Median Home Value
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Market
Average Price Trend$/SF for Grocery and convenience stores in Cook County, IL
Properties on Market for Grocery and convenience stores in Cook County
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Alamal Alarabi — 15931 76th Ave, Tinley Park, IL 60477
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - The 7-Eleven lease extends through 12/31/2040 and includes annual rent increases.
Where is this grocery and convenience store located?
The property is located at 7601 W 159th Street Tinley Park, IL.
What is the asking price?
The asking price for this property is $4,281,444.
What are key features of this property?
This property features: 7‑Eleven, Inc. NNN lease runs through 12/31/2040; 2,843 SF building on a 0.70‑acre parcel; Annual rent increases of 1.04%; next adjustment is 1/1/2028
