ALDI

Tenant Description
ALDI discount supermarkets focus on the cross section of value pricing, quick shopping and check out, and quality in store presence and goods. Privately held, their stores are highly sought freestanding net lease investments. Their stores are located on main commercial thoroughfares and provide long-term investment opportunities characterized by 15-20 year primary term, NNN ground leases. Lease terms customarily call for 5% increases every 5 years. ALDI has doubled in size over the last over the last decade, and is projected for 2,500 stores by 2022. ALDI holds the distinguished title as the first discount grocer. They currently have 1,750 stores across 35 states employing over 25,000 people.
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