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INVESTMENT HIGHLIGHTS
Ranked #4 Global Retailer by National Retail Federation - Aldi has long been the strongest retailer in Central Europe and continues to find new markets to expand into. After experiencing a generational change in private ownership, the company continues to integrate its global sourcing, international logistics and e-commerce operations and has also remodeled stores to achieve a higher degree of shopper engagement. The grocery chain jumped from No. 8 to No. 4 on the latest NRF Top 50 Global list of the most impactful retailers based on their operations.
New Lease Structure with Rental Increases - The new lease structure has increases of roughly 5% in the initial term and approximately 8% in each of the six (6), five (5) year option periods.
Long-Term, 10-Year Lease - The investment features a long-term, ten (10) year base term.
Single-Tenant Net Lease Grocery - Aldi’s state-of-the-art prototype offers the rate opportunity for net lease investors to purchase a free-standing grocery box. The contemporary design offers naturally lit, spacious sales floors with wider aisles and innovative technology to maximize consumer efficiency.
Newly Renovated Building - The subject property was a former Office Depot that is currently being renovated with significant improvements for Aldi, at the expense of the tenant.
