225 Touhy Ave, Park Ridge, IL 60068-4202

This exceptional investment opportunity presents a freestanding, 38,274 square foot Whole Foods Market located at 225 W Touhy Ave, Park Ridge, IL 60068. The property sits on a 4.53-acre lot with ample surface parking (264 spaces), a rarity in this dense, affluent area. Boasting a 100% occupancy rate and a strong net lease structure with a corporate guarantee from Whole Foods Market, Inc., this asset offers a remaining lease term of 8.8 years (expiring 11/30/2033). The property benefits from a prime location in Park Ridge, a thriving first-ring suburb of Chicago, with exceptional demographics. Within a three-mile radius, there are 163,560 residents, exhibiting an average household income of $141,637. The strategic location is adjacent to luxury apartments and other retailers, including Trader Joe's and Jewel Osco, ensuring high foot traffic. The property's proximity to downtown Park Ridge, O'Hare International Airport, and major roadways (generating 38,350 vehicles per day) further enhances its appeal. The asking price is $20,230,000, representing a 5.00% cap rate and a net operating income (NOI) of $1,011,697. Built in 2013, this single-building property offers a secure and lucrative investment opportunity in a highly desirable location. The property's strong tenant, affluent surrounding demographics, and strategic location make it an exceptional addition to any investment portfolio.