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7120 W 159th Street & Harlem Ave 2,607 SF of Retail Space Available in Orland Park, IL 60462
Highlights
- Freestanding second-generation restaurant space with +/- 2,607 SF available.
- Features pylon signage and a 28-car parking lot for convenient customer access.
- Located in a strong retail corridor serving Orland Park and Tinley Park communities.
- Positioned at the high-traffic intersection of 159th Street and Harlem Avenue with 70,000+ VPD.
- Surrounded by major national retailers including Meijer, Hobby Lobby, and The Home Depot.
- High-income trade area with average household incomes exceeding $116,000 within one mile.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,607 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
The building features an existing restaurant build-out with open dining area, service counter, kitchen infrastructure, excellent window line, and 28 dedicated parking spaces, making it ideal for QSR, fast-casual dining, coffee, dessert, or service-oriented retail. The layout also allows for efficient conversion to medical, salon, or specialty retail use.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is an outparcel at this property
- Space is in Excellent Condition
- Existing restaurant infrastructure
- Strong demographics and daytime population
- 28 on-site parking spaces
- 36,000 VPD on W 159th Street
- 2,607-SF freestanding building
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 broker 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.
Select Tenants at 7120 W 159th Street & Harlem Ave, Orland Park, IL 60462
- Tenant
- Description
- US Locations
- Reach
- Shark's Fish & Chicken
- Restaurant
- 7
- National
| Tenant | Description | US Locations | Reach |
| Shark's Fish & Chicken | Restaurant | 7 | National |
Property Facts
| Total Space Available | 2,607 SF | Gross Leasable Area | 2,607 SF |
| Property Type | Retail | Year Built | 1977 |
| Property Subtype | Fast Food | Parking Ratio | 11.51/1,000 SF |
| Total Space Available | 2,607 SF |
| Property Type | Retail |
| Property Subtype | Fast Food |
| Gross Leasable Area | 2,607 SF |
| Year Built | 1977 |
| Parking Ratio | 11.51/1,000 SF |
About the Property
7120 W 159th Street offers a freestanding second-generation restaurant opportunity in the vibrant Orland Park trade area, positioned near the Orland and Tinley Park border. The property features approximately 2,607 square feet of space, ideal for restaurant operators seeking a turnkey location in a high-traffic corridor. With pylon signage and a 28-car parking lot, the site provides excellent visibility and accessibility for customers. Located at the intersection of 159th Street and Harlem Avenue, the property benefits from exceptional traffic counts exceeding 70,000 vehicles per day, ensuring strong exposure for any business. The surrounding area is home to a robust mix of national retailers, including Meijer, Hobby Lobby, The Home Depot, Sam’s Club, Burlington, and Menards, creating a strong retail synergy and consistent consumer draw. This location is well-suited for food service, quick-service restaurants, or other retail concepts looking to capitalize on the area’s dense residential base and strong household incomes.
- Pylon Sign
- Restaurant
- Air Conditioning
- Smoke Detector
Nearby Major Retailers
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7120 W 159th Street & Harlem Ave
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