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Freddy's Frozen Custard & Steakburgers 7402 W 159th St 3,476 sq ft of Retail Space Available in Orland Park, IL 60462
HIGHLIGHTS
- Freestanding signage on 159th Street
- Located along 159th street with approximately 35,000 VPD
- Located in major retail corridor with 2-million SF of retail
- Across from Aldi, Home Depot, Wendy's and more
- High average income over $103,000 within 1-mile
SPACE AVAILABILITY (1)
Display Rent as
- SPACE
- SIZE
- TERM
- RATE
- TYPE
| Space | Size | Term | Rate | Type | ||
| 1st Floor | 3,476 sq ft | Negotiable | Upon Application Upon Application Upon Application Upon Application | TBD |
1st Floor
Position your business in the heart of Orland Park’s premier retail corridor at 7402 W 159th Street. This freestanding restaurant building offers exceptional visibility along 159th Street, a major thoroughfare with approximately 35,000 vehicles per day. The property sits across from national retailers including Home Depot, Aldi, Sam’s Club, McDonald’s, and Wendy’s, ensuring strong co-tenancy and consistent consumer traffic. The site spans ±1.277 acres and features prominent monument signage, making it ideal for branding and customer recognition. Surrounded by over 2 million square feet of retail within one mile, this location benefits from a robust trade area with an average household income exceeding $103,000 and a population of more than 182,000 within five miles. Ample parking and easy ingress/egress enhance convenience for patrons. Strategically positioned near Harlem Avenue and major regional connectors, the property offers unparalleled accessibility for both local and destination customers. This is a rare opportunity to secure a prime spot in one of Chicagoland’s most dynamic suburban markets.
- Fully Fit-Out as a Fast Food Restaurant
- Unit is standalone
- Prime freestanding restaurant
- High traffic Area
- Monument signage for strong street visibility
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 (NNN) 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 rent 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 rent 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
| Total Space Available | 3,476 sq ft | Net Internal Area (NIA) | 3,476 sq ft |
| Property Type | Retail | Year Built | 2016 |
| Property Subtype | Fast Food | Parking Allocation | 4.6/1,000 sq ft |
| Total Space Available | 3,476 sq ft |
| Property Type | Retail |
| Property Subtype | Fast Food |
| Net Internal Area (NIA) | 3,476 sq ft |
| Year Built | 2016 |
| Parking Allocation | 4.6/1,000 sq ft |
ABOUT THE PROPERTY
Positioned in one of Orland Park’s most vibrant retail corridors, this freestanding restaurant building offers exceptional visibility and access along 159th Street, a major thoroughfare with approximately 35,000 vehicles per day. The property benefits from prominent monument signage and sits directly across from national retailers such as Home Depot, Aldi, Sam’s Club, McDonald’s, and Wendy’s, creating strong co-tenancy and consistent consumer traffic. The surrounding trade area is anchored by over 2 million square feet of retail within one mile, supported by robust demographics including an average household income exceeding $103,000 and a population of more than 182,000 within five miles. The site spans ±1.277 acres and provides ample parking and convenient ingress/egress, making it ideal for restaurant operators seeking a high-profile location in a thriving suburban market. Strategically located near Harlem Avenue and major regional connectors, this property offers unparalleled accessibility for both local residents and destination customers. With strong visibility, excellent demographics, and proximity to leading retailers, this is a rare opportunity to secure a prime position in one of Chicagoland’s most dynamic retail corridors.
- Bus Route
- Signage
- Drive Thru
- Monument Signage
NEARBY MAJOR RETAILERS
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Freddy's Frozen Custard & Steakburgers | 7402 W 159th St
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