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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.
- 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