Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key facts

Tenure Type Leasehold
Building Area
Land Area ()

Property description

JLL is pleased to offer for sale the leasehold interest in a single tenant, Whole Foods Market (the “Property” or “Whole Foods Lakeview”) located in Chicago’s premier neighborhood, Lakeview. The Property is subject to a net lease to Whole Foods Market (S&P: A+) (the “Tenant” or “Company”), the United States’ #1 specialty grocer. Set amidst a dense and urban infill population center, the Property encompasses prime and irreplaceable real estate. Positioned just four miles north of Chicago’s CBD along Halsted Street, North Chicago’s primary north-south arterial connecting to Fulton Market, the 45,505 square foot Property benefits from its ideal position near Wrigleyville and a dense surrounding population base.

Investment highlights

  • Generational investment in vibrant Lakeview neighborhood of Chicago
  • Industry dominant tenancy with investment grade credit (S&P: A+)
  • 11 years of lease term remaining with contractual 12% increases every 5 years
  • #1 specialty grocer in the United States with more than 500 stores
  • Located in the Wrigleyville neighborhood attracting 3M+ visitors annually
  • Incredibly dense infill location surrounded by elite spending power


Last Updated Date: 20 Jul 2021
Brian Shanfeld
Brian Shanfeld
Senior Managing Director, Capital Markets
Broker Licenses
IL-475.158824
Alex Sharrin
Alex Sharrin
Managing Director, Capital Markets
Broker Licenses
IL - 475.170243

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Last Updated Date: 20 Jul 2021

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