Aldi Ground Lease

6028 E Black Horse Pike, Egg Harbor Township, NJ 08234

Offering Memorandum

ALDI Ground Lease

Free Standing Grocery Store

Property Details

  • Free Standing ALDI Grocery Store
  • Built in 2018
  • Situated on Black Horse Pike, which is a main retail corridor that connects Philadelphia with Atlantic City
  • Surrounded by strong retail tenants including Lowe’s, Home Improvement, Chick-fil-a, The Home Depot, ShopRite, Wendy’s, Chickie’s & Pete’s, Verizon, Mattress Warehouse, TD Bank, & many more

Investment Highlights

  • Price: $3,763,440
  • Cap Rate: 4.65%
  • Ground Lease – No LL Responsibilities
  • 20 Years Remaining on Primary Term, with Options extending an additional 30 years
  • 10% Rental Increases Every Five Years

Contact

Ken Yanni

484.417.2223
kyanni@equityretailbrokers.com

Ed Ginn

484.417.2201
eginn@equityretailbrokers.com

Property Location

ALDI Ground Lease

6028 E Black Horse Pike
Egg Harbor Township, NJ 08234