Fresh Thyme Market | Downers Grove, IL
Sands Investment Group is Pleased to Present Exclusively For Sale the 29,000 SF Fresh Thyme Market Located at 325 Ogden Avenue in Downers Grove, IL. This Deal Includes a Lease That Has 6+ Years Remaining on the Term With Attractive Rent Increases and Limited Landlord Responsibilities, Providing For a Secure Investment.
- Corporate Guarantee Backed By Meijer Companies, One of the Largest Private Companies in the Country With Over 240 Locations and Over 20B in Reported Annual Revenue (2022)
- Fresh Thyme is a Premier Midwestern Grocer With Over 75 Locations in 11 States
- Over 6 Years Left, With 4 x 5 Year Option Periods on a Double Net (NN) Lease With Minimal Landlord Responsibilities
- Rare 10% Rental Increases Every 5 Years in the Primary Term With Upcoming Increase in 2025
- Downers Grove is a Dense Infill and Affluent Submarket of Chicago, IL With 255,404 Residents Making an Avg HH Income of $127,186 Within a 5-Mile Radius of the Property
- This Property is the Flagship Location For Fresh Thyme and Was a Build-to-Suit Constructed in 2015, as a Prototype For Future Fresh Thyme Markets
- Dense Retail Corridor Surrounded by National Retailers Such as Advanced Auto, McDonalds, Hobby Lobby, Lamborghini, Mercedes, Panera Bread, Acura, Tesla, BMW, PNC Bank, Aldi, Jiffy Lube, CVS, Dunkin’ Donuts, Chipotle, Panda Express, Starbucks, Five Guys, Walgreens and More
- Well Positioned Location With Direct Access From Ogden Ave, Florence Ave and Fairview Ave
In Cooperation With Sands Investment Group Illinois, LLC – Lic. #481013714 BoR: Andrew Ackerman – Lic. IL #471021429
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