ALDI

2985 Gause Boulevard, Slidell, Louisiana 70461

$6,756,000

Cap Rate 5.50%

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DOM: 18 Updated: 07.28.25 Posted: 07.28.25 Status: Active 07.28.25

Summary

Price $6,756,000	Built/Renov 1996	Tenant ALDI
Cap Rate 5.50%	Lease Type Abs NNN	Guarantor Corporate
Size/SF 48,164	Lease Start 05-30-1996	#Units 7,162
Price/SF $140.27	Expiration 09-30-2040	Tenant Type Grocery
NOI $371,571	R. Term 15.1	Ownership Fee Simple
Rent/SF $7.71	Increases 0.0%/0/yrs	Pop 5Mi 68,795
Lot/AC 5.79	Options 5/5yrs/9.89%	AHHI 5Mi $93,801

Highlights

The tenant has 15+ Years Remaining with 5 (5-Year) Options to Extend
Lease features 9.89% Rent Increases at Each Option Period
Absolute NNN Lease | Zero Landlord Responsibilities
Corporate Lease | Fee Simple Ownership

Location Description

ALDI is strategically located at the signalized hard-corner intersection of Gause Boulevard and S. Military Road (combined 30,300 VPD). This high-visibility site lies just off Interstate 10 (56,700 VPD), a key regional connector. Located directly across from a 75,000+ SF shopping center, the property sits in a dense retail corridor anchored by national brands including Walmart, Lowe’s, Home...

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Key Features

Hard corner intersection
Dense retail corridor
Shopping Ctr out-parcel
Strong tenant synergy
Top 100 MSA
New development zone
Long 15+ yr lease
Annual rent increases
Traded and rated company
Over 1000 units backed

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Links

ALDI Wikipedia ALDI Wikipedia Slidell, Louisiana Zip Code 70461 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: ALDI
Guarantor:Corporate
Company:ALDI SOUTH Group
# Units:7,162
Stock:Private

About Tenant

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...

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Listing Broker

Matthew Mousavi

SRS National Net Lease Group

Contact

394 Listings
97759 Views
178 Sold

Patrick Luther

SRS National Net Lease Group

Contact

446 Listings
107757 Views
211 Sold

Matthew Mousavi

Matthew is the managing principal and co-founder of the SRS National Net Lease Group, based in Newport Beach, California. SRS’ is the exclusive net lease investment advisory platform across more than 25 offices nationally. SRS is the largest retail estate firm in North America exclusively focused on retail services, of which Matthew is a member of the board. The firm has a track record spanning over 30 years and billions in transaction volume, and represents over 400 retailers throughout the co

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Patrick Luther

Patrick joined SRS in 2016 with more than 10 years of transactional brokerage experience in the commercial real estate industry and over $1 billion in closed transactions, representing over 300 individual properties. Along with Matthew Mousavi, Patrick co-founded and leads the National Net Lease Group at SRS, the exclusive net lease capital markets platform within SRS, comprised of more than 75 professionals handling all net lease transactions for the firm nationally. He focuses on all types of

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