7960 W 159th St
Orland Park, IL 60462
Retail Property For Sale

The 14,992 square foot Walgreens is strategically positioned at the hard corner of a signalized intersection along 159th Street (39,300 VPD) and retailers located in the immediate area include Meijer, Menards, Home Depot, Sam’s Club, Walmart Supercenter, Costco, Target, Jewel-Osco, Lowe’s, Whole Foods, Trader Joe’s and Orland Square Mall (150+ shops including Apple, Dave & Busters, AMC, Macy's & JCPenney). There are 189,853 people living within a five mile radius of the property earning an average household income of more than $101,434 per year. Walgreens has fourteen years remaining on their lease which expires January 31, 2033 and features eight 5-year renewal options. Walgreens is publicly traded on the Nasdaq Stock Market (symbol: WBA) with a market capitalization in excess of $67 billion. Both Walgreen Co. and Walgreens Boots Alliance, Inc. are investment grade rated each with a Standard & Poor’s rating of BBB.