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Display Rental Rate as
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor, Ste 18008 | 1,200 SF | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $161.46 /m²/YR $13.45 /m²/MO $1,500 /MO $18,000 /YR | Triple Net (NNN) | ||
1st Floor, Ste 18012 | 1,200 SF | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $161.46 /m²/YR $13.45 /m²/MO $1,500 /MO $18,000 /YR | Triple Net (NNN) |
Perfect for Medical, Retail, and Office.
Perfect for Medical, Retail, and Office.
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.
The site is located at the southwest corner of 179th Street and Wolf Road and shadow-anchored by a Jewel Osco. The property was recently built in 2006 and features an all brick construction. The subject property consists of three buildings: a 5,488 SF outlot building anchored by Starbucks (Drive Thru) and Jimmy Johns, a 27,550 SF building inline with the Jewel Osco anchored by Chase Bank, and a 24,461 SF building that is perpendicular to Wolf Road anchored by a large neighborhood restaurant Barraco' s who has expanded three times within the last four years. The property is located at a well-traveled intersection in Orland Park at Wolf Road and 179th Street. The busy intersection has average daily traffic counts of 20,000 VPD on Wolf Road and 15,000 VPD on 179th Street for a total of 35,000 VPD. The property is also near the Orland Park 179th Street Metra train station.
COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
---|---|---|---|---|
179th St | Wolf Rd, E | 6,665 | 2015 | 0.08 mi |
Wolf Rd | 180th St, N | 15,831 | 2022 | 0.19 mi |
West 179th Street | Marley Creek Blvd, W | 7,162 | 2022 | 0.19 mi |
Wolf Road | Stoneridge Dr, N | 10,500 | 2022 | 0.21 mi |
179th St | Stoneridge Dr, E | 11,168 | 2022 | 0.22 mi |
Wolf Rd | Stoneridge Dr, S | 9,238 | 2022 | 0.28 mi |
179th St | Marley Creek Blvd, E | 6,403 | 2022 | 0.30 mi |
Wolf Rd | Waters Edge Dr, N | 17,453 | 2015 | 0.35 mi |
West 179th Street | Brook Hill Dr, W | 7,162 | 2022 | 0.40 mi |
Wolf Rd | Marley Brook Ct, S | 11,826 | 2022 | 0.48 mi |