Fogo de Chão

Orland Park
IL
Illinois
Chicago

Call for Details

$

7,028,000

Call for Details
6.00
%
CAP Rate

Prominent Retail Location

Outparcel to Orland Park Place (Dick's Sporting Goods, Nordstrom Rack, Barnes & Noble, Marshalls & More)

157,119 Daytime Population

within 5 Miles of Site

25 Miles from Downtown Chicago

Chicagoland Population of 9.3 Million

Property details
  1. New 15-Year Corporate Absolute NNN Lease to Fogo de Chão
    • Scheduled 10% Rental Escalations in Initial Term & Option Periods
    • Zero Landlord Responsibilities
  2. Corporate Guaranty from Parent Company, Fogo de Chão (Holdings), Inc.
  3. Successful and Growing Brazilian Steakhouse Restaurant Chain
    • Acquired by Bain Capital in 2023 for $1.1 Billion
    • 95 Locations Across 6 Countries
    • 17 New Locations Opening Soon, Adding 5 More Countries
  4. Outparcel to Orland Park Place
    • Anchor Tenants Include Dick's Sporting Goods, Nordstrom Rack, Marshalls, Ross, Old Navy, Barnes & Noble, and Kohl's
  5. Strong Commercial Corridor with Numerous Top-Performing Tenants by Visits (per Placer.ai)
    • Nearby Retailers Include Costco, Walmart, Target, Whole Foods, Marshalls, Lowe's, Ross, Walgreens, Chick-fil-A, Chipotle, and More
  6. Excellent Access & Visibility along LaGrange Road
    • 41,600 AADT
  7. Dense, Affluent, and Educated Demographics in Surrounding Area
    • Total Daytime Population of 157,119 within 5 Miles of Site
    • Average Household Income of $133,823 within a 5-Mile Radius
    • Nearly 45% of Population has Obtained a Bachelor's Degree or Higher within a 3-Mile Radius
  8. 25 Miles from Downtown Chicago
    • Chicagoland MSA Population of 9.3 Million & Gross Regional Product of $725 Billion
Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Lindsey Snider
Senior Partner
CA RE Lic #01443387
Scott Reid
ParaSell, Inc.
IL RE Lic #471020418
Property Specs
Tenancy
Single Tenant
Multi Tenant
Building Size
7,222
SF
Lot Size
2.09
AC
Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Lindsey Snider
Senior Partner
CA RE Lic #01443387
Scott Reid
ParaSell, Inc.
IL RE Lic #471020418