300 S 2nd St, St. Charles, IL, 60174, US

Whole Foods – St. Charles, IL - Sale

Asset Description

Unique, rare opportunity to acquire freestanding Whole Foods.

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Asking price

THB 577,556,000

Cap rate

NOI

THB 28,879,000

WAULT

20 years

Building area gross

2,834 m²

Land area gross

0.82 ha

20-year corporate guaranty from parent Amazon (S&P: AA-)
Rare low-pricing investment opportunity offering a sale price ~50% below the average for Whole Foods sold in the last five years
20-year, NNN Lease with minimal landlord responsibilities
10% increases every 5 years throughout the primary term
Unique, free-standing Whole Foods with at-grade parking
Only downtown grocer on a site with a century of previous grocery operations
Located 35 miles west of Downtown Chicago with 40,000+ VPD
Exceptional demos with 104K+ residents & an AHHI of $170K
Proximate to communities in top 25th percentile for home value in the U.S.