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Olympia Plaza 77-199 W Joe Orr Rd 900 - 18,654 SF of Retail Space Available in Chicago Heights, IL 60411
HIGHLIGHTS
- Highly visible retail storefront that includes several national tenants.
- Located on busy Dixy Highway with immediate access to multiple highways and rail systems.
- Available spaces are in turn key condition with ample parking available near stores.
- Great incentives that are designed to help businesses flourish within the center.
SPACE AVAILABILITY (7)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 119 | 1,548 SF | Negotiable | $19.54 CAD/SF/YR $1.63 CAD/SF/MO $30,252 CAD/YR $2,521 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 141 | 2,296 SF | Negotiable | $30.71 CAD/SF/YR $2.56 CAD/SF/MO $70,511 CAD/YR $5,876 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 187 | 2,000 SF | Negotiable | $30.71 CAD/SF/YR $2.56 CAD/SF/MO $61,420 CAD/YR $5,118 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 189 | 1,500 SF | Negotiable | $22.33 CAD/SF/YR $1.86 CAD/SF/MO $33,502 CAD/YR $2,792 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 199 | 900 SF | Negotiable | $30.71 CAD/SF/YR $2.56 CAD/SF/MO $27,639 CAD/YR $2,303 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 79 | 7,280 SF | Negotiable | $18.15 CAD/SF/YR $1.51 CAD/SF/MO $132,110 CAD/YR $11,009 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 87 | 3,130 SF | Negotiable | $19.54 CAD/SF/YR $1.63 CAD/SF/MO $61,169 CAD/YR $5,097 CAD/MO | Triple Net (NNN) |
79-185 W Joe Orr Rd - 1st Floor - Ste 119
Olympia plaza has fantastic visibility, ample parking, and spaces that are in turn key condition. Strong mix of 30+ National and local retailers.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
79-185 W Joe Orr Rd - 1st Floor - Ste 141
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
187-199 W Joe Orr Rd - 1st Floor - Ste 187
Olympia plaza has fantastic visibility, ample parking, and spaces that are in turn key condition. Strong mix of 30+ National and local retailers.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
79-185 W Joe Orr Rd - 1st Floor - Ste 189
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
79-185 W Joe Orr Rd - 1st Floor - Ste 199
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
79-185 W Joe Orr Rd - 1st Floor - Ste 79
Olympia plaza has fantastic visibility, ample parking, and spaces that are in turn key condition. Strong mix of 30+ National and local retailers.
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
79-185 W Joe Orr Rd - 1st Floor - Ste 87
Olympia plaza has fantastic visibility, ample parking, and spaces that are in turn key condition. Strong mix of 30+ National and local retailers.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
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 OLYMPIA PLAZA
- Country Squire Grocery
- Family Dollar
- Rainbow
PROPERTY FACTS
| Total Space Available | 18,654 SF | Gross Leasable Area | 143,582 SF |
| Center Type | Neighborhood Center | Total Land Area | 12.12 AC |
| Stores | 41 | Year Built | 1958 |
| Center Properties | 2 | Cross Streets | Dixie Hwy |
| Frontage | Joe Orr |
| Total Space Available | 18,654 SF |
| Center Type | Neighborhood Center |
| Stores | 41 |
| Center Properties | 2 |
| Frontage | Joe Orr |
| Gross Leasable Area | 143,582 SF |
| Total Land Area | 12.12 AC |
| Year Built | 1958 |
| Cross Streets | Dixie Hwy |
ABOUT THE PROPERTY
40,000 Cars See Olympia Plaza Every Day. There Are 16 Schools Less Than 2 Miles From Our Center and Prairie State College as Well. There Are Many Industrial/manufacturing Facilities in the Area That Provide Good Jobs for the Surrounding Neighborhoods. The Grocery Store in the Plaza Has Been Around for Over a Decade and Regularly Attracts Customers. National Businesses Like Little Caesar's, Subway, Family Dollar, Davita's Dialysis, and Rainbow Clothing, DTLR Attract Even More Shoppers. We Have Over 600 Parking Spaces as Well! Great Spaces Available and Professionally Managed. There is a good mix of national, regional, local tenants that provide goods and services for the surrounding community. Come join a thriving center.
- Banking
- Restaurant
- Signage
DEMOGRAPHICS
Demographics
NEARBY MAJOR RETAILERS
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Olympia Plaza | 77-199 W Joe Orr Rd
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