Aldi Market
Retail | 5.83% CAP | 38,000 SqFt
Marketing description
Fee simple net lease investment property offering a corporate-guaranteed Aldi Market in Haymarket, Virginia. This property features a master lease for the entire building with co-tenant Planet Fitness, located in Prince William County, Virginia's second-most populous county and part of the Washington metropolitan area.
The property is situated in a thriving retail corridor with expanding retail and housing under development along Washington Street, which sees 13,900 vehicles per day. The location benefits from affluent demographics with 70,586+ population within a 5-mile radius and an average household income of over $166,888.
Prince William County is located on the Potomac River in the U.S. state of Virginia. As of the 2020 census, the population sits at 482,204, making it Virginia's second-most populous county. In 2019 it had the 20th-highest income of any county in the United States. The Town of Haymarket is a quaint Virginia town with eclectic shops, restaurants, and museums, just a stone's throw away from Virginia horse country.
Investment highlights
- Fee simple - land and building
- Corporate guarantee from Aldi, Inc.; Master lease for entire building with co-tenant Planet Fitness
- Affluent demographics - 70,586+ population within a 5-mile radius with an average household income of over $166,888
- Four, five-year options with 10% rent increases at each option
- Thriving corridor with expanding retail and housing under development
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?
