Rice Lake Square
Market Price
225 Rice Lake Square, Wheaton, IL 60189
For Sale
Retail
Grocery Anchored/Community Center
Active
Last Updated: 06/23/2026
4,407,016
NOI
244,924 sqft
Building Size
Details:
NOI: $4,407,016
Building Size: 244,924 sqft
Occupancy: 98.2%
Year Built: 1989
Tenancy: Multiple
Year Last Renovated: 2011
Highlights:
- STRONG GROCERY ANCHOR
- IRREPLACEABLE LOCATION
- INSTITUTIONAL QUALITY ASSET
- UNMATCHED SITE CONTROL & OUTLOT OPTIONALITY
- EXCEPTIONAL DEMOGRAPHIC PROFILE
- DUPAGE COUNTY PROPERTY TAXES
Description:
Mid-America Real Estate Corporation has been retained on behalf of the owner to sell the 100% fee simple interest in Rice Lake Square, an institutional-quality grocery-anchored shopping center in Wheaton (DuPage County), one of the most desirable and affluent communities in Chicago’s western suburbs. The center is anchored by a high-performing Pete’s Fresh Market grocery store operating on a long-term lease guaranteed by Pete’s Fresh Market Roosevelt Corporation and features additional traffic driving tenants that include PetSmart, Massage Envy, Pure Barre, Xfinity, Potbelly, 7Brew, Taco Bell, and others.
Documents:
| Title | ||
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| Rice_Lake_Square_-_Flyer.pdf | ||
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Rice_Lake_Square_-_OM.pdf
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* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery
