ALDI
Retail | 4.42% CAP | 22,185 SqFt
Marketing description
ALDI is an international grocery chain and is one of the United States’ fastest-growing retailers, serving over 50 million customers across the country each month. ALDI offers high quality, award-winning products at an affordable price.
Columbia City is a city in Columbia Township, Whitley County, in the state of Indiana. The county seat of Whitley County, Columbia City is home to approximately 10,000 residents.
Investment highlights
» 10+ Years Remaining on Lease with ALDI
» Fee Simple Depreciation Available
» 5% Rental Increase Occurring in July 2031, with 5% Increases Occurring in Each of Three, Five-Year Renewal Options
» Located in a Dense Retail Corridor, Surrounded by National Tenants: Walmart, Dollar Tree, Kroger, Starbucks, McDonald’s, Burger King, and More
» Excellent Highway Frontage, Accessible by ±24,400 Cars per Day Along Highway 30
» Growing Trade Area in the Fort Wayne MSA - 33,742 Residents within a 10-Mile Radius
» Average Household Income Exceeds $85,000 in the Surrounding Area
» ALDI Plans to Open 225+ Stores by the End of 2025, Establishing its Position as the Third-Largest Supermarket Chain in the U.S.
» Subject Property Recently Underwent Extensive Renovations in 2022
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