Fresh Thyme Market NN Asset Retail Downers Grove Illinois

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Tenant: Fresh Thyme Market | Downers Grove, IL
Premises: 28,659 SF
Renewal Options: 4 x 5 Years

Lease Expiration: 04/30/2030
Lease Type: NN
Rental Increases: 10% Every 5 Years, Next Increase In 2025

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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Tenant Overview

FRESH THYME MARKET COMPANY STATEMENT

Fresh Thyme Market is a new, exciting, value-oriented, fresh and healthy grocery company opening stores throughout the Midwest. We’re on a mission to offer natural and organic food at affordable prices in a happy and friendly shopping environment. Fresh Thyme Market first opened its doors in April of 2014 in Mount Prospect, IL, with a team of approximately 100 employees. Today, Fresh Thyme has locations across the Midwest, with more than 4,000 team members supporting the company’s goals and vision. Since its inception, Fresh Thyme has been a community-oriented retailer that supports local residents by providing them access to nutritious and affordable food. From fresh herbs and freshly ground coffee to lush produce and marbled meats, our store is a feast for the senses. We pride ourselves on offering an assortment of healthy options backed by our commitment to quality. To us, more variety means a more complete basket, more ways of making meals and more ways to support our communities.In our store, you’ll find a large assortment of all-natural and organic foods, alongside trusted national brands and local favorites – all at everyday low prices.

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