
Tenant Description |
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Whole Foods Market operates natural and organic foods supermarkets, offering produce, seafood, grocery, meat and poultry, bakery, prepared foods and catering, coffee and tea, nutritional supplements, and vitamins, as well as specialty products such as beer, wine, and cheese, body care, educational products, floral, pet and household products. As of Sep 24, 2017, Whole Foods operated 470 stores, with 448 stores in 42 states and the District of Columbia, 13 stores in Canada and 9 stores in the UK. NOTE: On Aug 28, 2017, the company was acquired by Amazon.
As of Sep 24, 2017, Whole Foods operated 470 stores, with 448 stores in 42 states and the District of Columbia, 13 stores in Canada and 9 stores in the UK.
In fiscal 2017, the company opened 31 new stores, 7 stores were relocated and closed 9 stores.
The company owns 17 stores and the remainder are leased. Most stores range from 35,000 to 45,000 square feet and average 39,800 sq. ft., are located in high-traffic shopping areas on premier real estate sites, and are either freestanding or in strip centers. There are also a number of urban stores located in high-density, mixed-use developments. In fiscal 2015, the company announced plans to launch a second, more affordable, store format, 365 by Whole Foods Market, which the company believes can grow to beyond 1,200 stores.
Real Estate Summary
Under Construction.
and "Amazon proof" | |
Development Criteria Highlights
- 50,000 +/- square feet of Land
- Corner or corner wrap w/signage on two major streets.
- Signalized intersection.
- Ability to build up to 4,000 sq. ft.
- Parking to meet all applicable codes.
- Ability to build to a minimum height of 23’4″.

Average Cap Rate | |
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(Source: CoStar & proprietary comp data - updated quarterly) |
Credit Rating | |
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Company Snapshot | |
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Company Name | McDonalds Corp. |
Ownership Type | Public |
Stock Symbol | |
Headquarters | Oak Brook, IL |
Locations Worldwide | 37,000+ |
Locations in the U.S. | 14,000+ |
Website |
Average Property & Lease | |
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Sales Price | $1,721,828 |
Annual Base Rent | $73,148 |
Annual Rent PSF | $15.89 |
Building SF | 4,603 |
Price PSF | $374 |
Lot Size | 1.15 Acres |
Ownership Interest | Fee Simple Land |
Lease Structure | Absolute NNN |
Lease Term | 20 Years |
Escalations | 10% Every 5 Years |
Guarantor | McDonald's Corp. |
(Source: CoStar & proprietary comp data - updated quarterly) |