Avis 7412 W 159th St

Marcus & Millichap is pleased to present for sale Avis & Budget Car Rental - a 2,500 square foot single-tenant, newly constructed retail building - strategically-located in Orland Park, Illinois - 25 miles southwest of Downtown Chicago. This location offers a new prototype building with a Corporate Training Center and benefits from an average of 32,200 Cars Per Day along 159th Street.
Avis & Budget Car Rental provides an opportunity for investors to acquire a stable, NNN, signle-tenant, easy to manage retail asset with impeccable, easily financeable investment fundamentals, no landlord responsibilities, and annual increases in the options.
The property is situated on a major east/west retail corridor with two-million square-feet of retail within a one-mile radius. Surrounding major national retailers include Home Depot, ALDI, Sam’s Club, Planet Fitness, McDonald’s, Starbucks and more. Adjacent to the property is a newly planned Panera Bread Restaurant. The neighborhood benefits from a dense residential community, totaling 693 housing units within one mile: Heartis Senior Living (125 Rooms), The Residences at 159 Tinley Park (208 Units), Bremerton Manor (106 Units), Tinley Court Senior Living (118 Units), Heritage Manor (96 Units), Thomas Place (80 Units), Tiffany Drive Apartments (44+ Units), etc. The University of Chicago Medicine, a 811-bed Hospital, is located 0.9 miles east of the property.
Positioned roughly 25 miles from Downtown Chicago, Orland Park is a suburb community in Cook County within the Chicago MSA. The largest MSA in the state of Illinois and in the Midwest, and the third largest MSA in U.S., Chicago boasts phenomenal growth, a thriving economy, and the seventh biggest airport in the nation. The Metra commuter rail system links Orland Park to the Chicago Loop and from there to O’Hare and Midway airports.