Aldi - Brand New 20-Year Ground Lease
Ultra Low Rent & Price Point | New 20-Year Ground Lease | $116,000+ AHHI
Marketing description
TSCG is pleased to offer for sale a brand-new 20-year ALDI ground lease located in Dyersburg, Tennessee. The Property is well-positioned in the city’s dominant retail corridor with strong traffic counts and an exceptional regional draw. The Aldi features a new 20-year ground lease with an attractive low rent and cost basis.
ALDI is situated along Lake Road (SR-78) with 22,000+ VPD, less than 0.5 miles from U.S. Hwy 51 and Interstate 155. The property is surrounded by major tenants including Walmart, Kroger, Planet Fitness, Tractor Supply, Chick-fil-A, McDonald’s, Chipotle, Zaxby’s, Lowe’s and The Commons at Dyersburg (Hobby Lobby, Marshalls, Ulta, Five Below), creating a strong retail synergy and consistent consumer traffic.
Dyersburg serves as a regional trade area in Northwest Tennessee with a draw exceeding 30 miles. The market benefits from a strong employment base, expanding residential growth, proximity to Dyersburg State Community College and West Tennessee Healthcare Dyersburg Hospital
Investment highlights
BRAND NEW 20-YEAR ALDI GROUND LEASE WITH ULTRA LOW RENT
Brand new 20-year ground lease with 8% rent increases every 5 years
Bite sized price point and low-cost basis | Rare ultra-low rent below $6 PSF
Part of a new retail development adjacent to recently opened Chipotle and Zaxby’s
Aldi is one of the largest grocery store chains in the US with more than 2,500 locations
The company plans to reach 3,200 stores by the end of 2028
REGIONAL TRADE AREA IN TN | $116,000+ AHHI WITHIN 1 MILE
Super-Regional trade area with limited competition and over 30-mile draw from Walmart (2.6M visits), Commons of Dyersburg (1.7M visits), Lowe’s (750K visits) and more
1.5M+ SF of retail within a 1-mile radius from the Property adjacent to Walmart, Kroger, Dyersburg Mall, Tractor Supply, Chick-fil-A, McDonald’s, Chipotle, Zaxby’s and more
Less than one mile from the recently developed The Commons at Dyersburg anchored by Hobby Lobby, Old Navy, Marshalls, Ulta, Five Below and PetSense
$116,000+ AHHI within a 1-mile radius | Daytime population nearly doubles the residential population
Situated along Lake Rd (22,000+ VPD) less than 0.5 miles to US Hwy 51 and Interstate 155
High performing QSRs and retailers in the immediate area:
Tractor Supply: Top 2% in visits across the chain
Taco Bell: Top 5% in visits across the chain
McDonald’s: Top 13% in visits across the chain
Walmart: Top 23% percentile in visits across the chain
Chick-fil-A: Top 36% in visits across the chain
PROXIMITY TO 225-BED HOSPITAL & MAJOR EMPLOYMENT FACILITIES
Within 1 mile to Dyersburg State Community College with 3,100+ students and nearly 300 employees
Proximity to West Tennessee Healthcare Dyersburg Hospital, a 225-bed acute-care hospital that serves as a regional healthcare hub
Diverse industrial base with major manufacturers and distribution facilities in the area
Ermco: 1,100+ employees
Tyson Foods: 650+ employees
NSK: 600+ employees
SRG Global: 300+ employees
Nortek: 290+ employees
Rough Country: 240+ employees
Hexpol: 220+ employees
Dyersburg’s combination of proximity to Memphis logistics infrastructure, interstate access, rail service, and lower costs makes it attractive for companies needing regional distribution and manufacturing supply chains
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