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DOM: 15 Updated: 07.01.25 Posted: 07.01.25 Status: Active     07.11.25

Summary

Price $6,660,000
Built/Renov 1997/2022
Tenant Aldi
Cap Rate 5.50%
Lease Type Double NN
Guarantor Any
Size/SF 22,940
Lease Start 06-03-2023
#Units 2,427
Price/SF $290.32
Expiration 06-30-2038
Tenant Type Grocery
NOI $366,298
R. Term 12.11
Ownership Fee Simple
Rent/SF $15.97
Increases 10.0%/5/yrs
Pop 5Mi 203,234
Lot/AC 0.56
Options 3/5yrs/10%
AHHI 5Mi $89,194

Highlights

LONG TERM LEASE FEATURING RENTAL INCREASES – Aldi currently has over thirteen (13+) years remaining on their lease which features ten percent (10%) rental increases every five (5) years.

PRIME LOCATION – Aldi is strategically located within the Woodmill Commons shopping center, offering excellent visibility to high local traffic. The property is easily accessible via a signalized entrance on Woodland Road, as well as from Berkshire Boulevard.

NEW ROOF – In October 2022, right before Aldi's lease began, a brand-new roof was installed on the property, complete with a 20-year transferable warranty.

BUDGET-FRIENDLY TENANT – Aldi is the fastest-growing grocer in the country, known for offering shoppers the lowest prices among national grocery chains. Their budget-friendly pricing is due to them carrying more than 90% Aldi-exclusive, private-label brands and buying in bulk, allowing them to negotiate better prices with suppliers. For seven years running, ALDI has been recognized by the dunnhumby Retailer Preference Index as #1 in Everyday Low Price.

CLOSE PROXIMITY TO US-222 (98,000+ VPD) – The property is just seconds away from US-222, a major thoroughfare that stretches from eastern
Pennsylvania to northern Maryland, with a daily traffic volume of over 98,000 vehicles.

IMPRESSIVE PLACER.AI DATA ON SURROUNDING RETAIL – Aldi is situated in a vibrant retail corridor, home to a variety of shopping centers, malls, and other retail destinations. The retailers in this area consistently rank among the top in their respective categories, according to Placer.ai.

BUSTLING RETAIL CORRIDOR – Aldi is surrounded by a host of nearby, national retailers along such as: Walmart, Target, The Home Depot, Wells Fargo Bank, Citizens, Truist Bank, Best Buy, LA Fitness, Dick’s Sporting Goods, Burlington, T.J. Maxx, Marshalls, Ross Dress for Less, PetSmart, Petco, Five Below, Staples, JOANN, Dollar Tree, Verizon, T-Mobile, Applebee’s, Olive Garden, Outback Steakhouse, Wawa, McDonald’s, Chick-Fil-A, Starbucks, Taco Bell, Wendy’s and Burger King demonstrating the strength of the retail corridor.

DENSELY POPULATED, AFFLUENT AREA – The 5-mile area surrounding the Property exhibits excellent demographics with a population of nearly 206,000 and over 76,000 households, increasing from 2020. The population and number of households within the area are projected to continue to rise through 2029. The average household income (AHHI) within 1-mile of the property surpasses $105,000.

Location Description

Aldi is strategically located within the Woodmill Commons shopping center, alongside national retailers such as JOANN, Old Navy, and Raymour & Flanigan. The property is easily accessible via a signalized entrance on Woodland Road, as well as from Berkshire Boulevard. It is just seconds from US-222, a major thoroughfare stretching from eastern Pennsylvania to northern Maryland, with a daily...

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Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

  • Tenant: Aldi
  • Guarantor:Any
  • Company:Private
  • # Units:2,427

About Tenant

ALDI, Inc. is a supermarket chain offering a variety of groceries from meats and fresh produce to wine, beer, and other home products. Their small format store layout provides for quick-and-easy...


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Listing Broker

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