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8724 Lake Worth Rd, Lake Worth, FL , 33467
  • Size SF 19,209
  • Built/Renov2023
  • Price/SF
    $180
    $189
  • Lease Start05-01-2023
  • Rent/SF$7.55
  • Lease Type Abs NNN
  • Lot/AC2.27
  • Pop 5MI295,711
3,450,000
3,625,000
  • Cap Rate
    4.20%
     
    4.00%
  • NOI $145,000
  • R. Term/Yrs 18.4
  • Guarantor Corporate
  • # Units 7,162
  • New construction

  • Signalized intersection

  • Hard corner intersection

  • Highway close

  • Dense 200M+ pop 5 mi

  • New development zone

  • Income tax free state

  • Brand new lease

  • Long 20+ yr lease

  • Corporate Guarantee

  • ...
  • ​Brand-new 2023 construction
  • Aldi recently signed a brand-new 20-year lease with 6 (5-year) options to extend
  • Lease features 6% rental increases throughout the initial term and at each option period
  • Absolute NNN lease with zero landlord responsibilities
  • Low cost/PSF investment
  • Corporate guarantee by ALDI South Group

 

 
  • Tenant ALDI (GL)
  • Guarantor Corporate
  • #Units 7,162
  • Stock Private

ALDI is a small-format supermarket chain focusing on creating an efficient shopping experience, saving customers time and money without sacrificing quality. ALDI mainly sells a range of grocery items that are exclusively produced, custom-branded products (often very similar to and produced by major brands) including produce, meat and dairy. They also carry branded products. The family-owned business, initially founded in 1913, was divided in 1961 to form two groups of companies: ALDI South and ALDI North. These two business groups have remained linked by family ties, but both are legally and economically independent entities. With the exception of Germany, both groups operate in different countries. In 1976, ALDI South opened its first U.S. store in Iowa. In 1979, ALDI North acquired the American chain known as Trader Joe’s. The companies remain independently operated and while both Nord and Süd operate in the United States, Nord operates only under the brand “Trader Joe’s.” At the start of 2023, ALDI South operated more than 7,100 locations in 11 countries, with over 2,220 locations in the United States. ALDI South employs more than 200,000 people worldwide. In 2022, ALDI USA was a growth leader in the supermarket sector, adding over 85 stores and having a revenue of approximately $121.1B. ALDI South had a global revenue of over $82B in 2022. ALDI South’s American headquarters is in Batavia, IL.

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601 Hwy 12, Starkville, MS , 39759
  • Size SF 19,300
  • Built/Renov2022
  • Price/SF
    $142
    $142
  • Lease Start01-01-2022
  • Rent/SF$5.70
  • Lease Type NN+
  • Lot/AC2.30
  • Pop 5MI37,481
2,750,000
2,750,000
  • Cap Rate
    4.00%
     
    4.00%
  • NOI $110,000
  • R. Term/Yrs 17.8
  • Guarantor Corporate
  • # Units 6,816
  • New construction

  • New prototype

  • Near major nationals

  • Shopping Ctr out-parcel

  • Highway location

  • University college close

  • Strong tenant synergy

  • Long 20+ yr lease

  • Favorable NN+ lease

  • Corporate Guarantee

  • ...
  • 20- year corporate ground lease
  • Rare low price point
  • Lease is favorable NN+ wih limited landlord responsibilities
  • 4 - 5 year options with 7.5% increase with each option
 
 
  • Tenant Aldi (GL)
  • Guarantor Corporate
  • #Units 6,816
  • Stock N/A

ALDI is a discount supermarket chain focusing on creating an efficient shopping experience, saving customers time and money without sacrificing quality. ALDI sells a range of grocery items, including produce, meat and dairy, and operates under the motto “Low prices, Every Aisle, Everyday”. The company, who also owns Trader Joe’s, was founded by the Albrecht family, in Germany in 1961. They opened their first US store in 1976, and today operate more than 6,816 ALDI locations worldwide, 2,100 of which are in the United States. ALDI also operates over 530 Trader Joe’s stores nationwide. In 2021, ALDI Group's net sales amounted to just under $134B, a 15.3 percent growth compared to the previous year. The company is headquartered in Batavia, IL.
 

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