For Sale
$13,700,000
10 Orland Square Dr Orland Park, IL 60462
High-yield medical office building, 100% occupied.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 133
Highlights
- 35,889 SF multi-tenant medical office building with three tenants.
- 15-year absolute NNN leases with 2% annual rent increases.
- Located near the Orland Park Mall (1.2M SF) in a strong retail market (11M+ SF).
- Strong demographics: 705,700 people within a 10-mile radius, trade area spanning over 30 miles.
- $5.5M+ in medical-grade renovations completed in 2013.
Property Details for 10 Orland Square Dr
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 35,889 SF
- Year Built/Renovated
- 1978/2013
- Lot Size (sq. ft)
- 106,722 SF
Location Insight
- City
- Orland Park
- County
- Cook
- State
- Illinois
- Latitude
- 41.62244269654
- Longitude
- -87.851680083899
Nearby Similar for Sale
FAQs
- What type of property is this?
- Lifestyle center - High-yield medical office building, 100% occupied.
- Where is the lifestyle center located?
- The property is located at 10 Orland Square Dr Orland Park, IL.
- What is the asking price?
- The asking price for this property is $13,700,000.
- What are key features of this property?
- This property features: 35,889 SF multi-tenant medical office building with three tenants.; 15-year absolute NNN leases with 2% annual rent increases.; Located near the Orland Park Mall (1.2M SF) in a strong retail market (11M+ SF).
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