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8650 W 159th St
2,865 SF of Office/Retail Space Available in Orland Park, IL 60462
Highlights
- Open Floor Plans
- Ample Parking
- Pylon Signage
- Flexibility of Single or Multi-Tenant
- Corner Exposure
- Heavy Vehicular Traffic
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 2,865 SF | Negotiable | £11.83 /SF/PA £0.99 /SF/MO £127.39 /m²/PA £10.62 /m²/MO £33,907 /PA £2,826 /MO | Triple Net |
1st Floor
This 2,865 SF retail space provides a great opportunity for a growing business. Located on Orland Park's 159th Street the property sees impressive daily traffic counts. The property is zoned BIZ and features an open floor plan that allows the next tenant to shape their business layout in a number of ways. Featured inside of the unit are a built-in reception area, a private office, and 3 bathrooms. The property includes plenty of surface parking spaces allowing both employees and customers to come and go to the property without issue.
- Lease rate does not include utilities, property expenses or building services
- Fits 8 - 23 People
- Built-In Reception
- Area Open Floor
- Plan Private Office
- Multiple Bathrooms
- Surface Parking
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 8650 W 159th St , Orland Park, IL 60462
| Property Type | Retail | Year Built | 1996 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 3.91/1,000 SF |
| Gross Internal Area | 5,110 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Internal Area | 5,110 SF |
| Year Built | 1996 |
| Parking Ratio | 3.91/1,000 SF |
About the Property
159th Street in Orland Park, Illinois, is a bustling east-west thoroughfare that serves as a major commercial and residential hub. Lined with shopping centers, big-box retailers like Walmart and Home Depot, and a variety of restaurants, it is a vital commercial corridor. The street is designed to handle significant traffic flow and connects to other major arteries, enhancing accessibility. Public transportation options are available, complementing the area's connectivity. Nearby landmarks include the Orland Square Mall, a major shopping destination, and the Orland Park Sportsplex, which offers extensive recreational facilities.
Nearby Major Retailers
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Samuel Silveira -
Paul Cawthon -
Angelo Labriola -
SVN | Chicago Commercial
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8650 W 159th St
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