Whole Foods Market

Tenant Description

Whole Foods Market Inc. is an American supermarket chain that specializes in selling organic foods products. Amazon and Whole foods merged in August 2017 and they currently have 500+ locations in North America and the United Kingdom

What To Look For When Buying A Whole Foods

Location

What We Like About Whole Foods

Top Quality Food

Competition

Safeway, Publix

What Is Sold In A Whole Foods

Groceries

Whole Foods Website

https://www.wholefoodsmarket.com/

Parent Company

Amazon

www.amazon.com

Corporate Office Location

550 Bowie St – Austin, TX 78703

Fast Facts

In 2018, Whole Foods Market announced its possible intention to take over some vacant Sears and Kmart stores and refurbish them after Sears Holdings Corporation, which owned both chains, filed for bankruptcy in October.

Stock Price (Parent Company)
Tenant News (Parent Company)
Average Cap Rate Trend
5.25%
2019
5.00%
2020
12 mo avg with 10+ yr lease term (*Please Note Data Points Are Not Exact Figures*)
Average Sale Data & Lease Structure
Avg. Sale Price$25,000,000
Avg. Annual Rent$1,500,000
Avg. Price/SF$385/SF
Typical Lease TypeTriple Net
Typical Lease Term20 Years
Typical Lease EscalationsNone
Credit Rating
S & PAA- (Subsidiary)

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