Aldi Ground Lease

451 Martin Truex Jr Blvd, Manahawkin, NJ 08050
Offering Memorandum

For Sale

Free Standing Building

Property Details

  • Free standing ALDI on 3.01 AC
  • Property sits on Martin Truex Jr Blvd just off Route 72, on the way from the Garden State Parkway to Long Beach Island.
  • Recent construction, Built in 2016
  • Located in front of a BJ’s Wholesale and Walmart. Other surrounding tenants include, Chase Bank, Regal Cinemas, Famous Footwear, Michaels, and TJ Maxx / Homegoods.

Investment Highlights

  • Price: $3,473,684
  • Cap Rate: 4.75%
  • 18+ years remaining on primary term, with options extending an additional 30 years
  • 10% rental increases every five years
  • Corporate Guarantee


Ken Yanni


Shane Dolan


Ed Ginn


Property Location


451 Martin Truex Jr Blvd
Stafford Township, NJ 08050