9570 159th St, Orland Park, IL 60467-5698

This exceptional 14,923 square foot medical office building in Orland Park, Illinois presents a compelling investment opportunity. Located at the signalized intersection of W 159th St & S La Grange Rd (76,000 VPD), this property boasts a prime location within a thriving retail corridor, surrounded by major national retailers including Costco, Walmart, Target, Lowe's, and Jewel-Osco. The building features two tenants, Physicians Immediate Care and Action Behavior Centers, operating under a triple-net (NNN) lease structure. Physicians Immediate Care, a long-term tenant since 2009, recently signed a 7-year lease extension with four additional 5-year options, demonstrating strong commitment to the location. The NNN lease includes 100% reimbursement of operating expenses with generous CAM caps and management fees. Built in 1998, this 1.53-acre property enjoys 100% occupancy, generating a strong net operating income (NOI) of $404,672 and a 7.50% cap rate. The asking price is $5,395,626, translating to $361.56 per square foot. Situated in a highly affluent area with an average household income exceeding $127,000 within a 3-mile radius, this investment offers significant potential for long-term growth and stability. Specific rent bump details and lease options are available upon request.