66 Orland Square Drive

Highlights:

• RECENT LEASING MOMENTUM HIGHLIGHTING STRONG RETAIL FUNDAMENTALS
• 10-YEAR WALT UNDERSCORING DURABILITY AND INCOME STABILITY
• SHADOW-ANCHORED BY A HIGH-PERFORMING SUPER REGIONAL MALL
• SUPER-REGIONAL 3M+ SF RETAIL CORRIDOR
• EXCEPTIONAL DEMOGRAPHICS SUPPORTING LONG TERM TENANT PERFORMANCE
• HOME TO FIRST TO MARKET CONCEPTS

Description:

CBRE is pleased to present, as exclusive advisor, 66 Orland Square, a fully leased shopping center located in the affluent and highly trafficked retail hub of Orland Park, Illinois. The Property benefits from exceptional regional draw, positioned directly adjacent to Orland Square Mall, a super regional shopping destination generating over 6 million annual visits. Its strategic location within a dense retail corridor comprising more than 2 million square feet further enhances long term relevance and foot traffic stability. Ownership has recently executed significant leasing momentum, bringing more than 50,000 SF to stabilization and achieving 100% occupancy across 83,827 SF of rentable area over the past 2 years.
With a durable rent roll anchored by experiential and entertainment focused tenants—including Sky Zone, Slick City Action Park, and Time Mission—the asset features an impressive WALT of 9.45 years and offers investors secure in place income with potential to achieve attractive cash on cash returns. The Property is further supported by strong area demographics, including average household incomes exceeding $131,000 within a 3 mile radius. This combination of tenant quality, market strength, and irreplaceable positioning creates a compelling opportunity for investors seeking a stable center in a supply constrained, high performing retail environment.

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