Lowest Cap Rate
3.85%
Lowest Cap Rate over past 24 months
Average Cap Rate
4.60%
12 mo avg with 5+ yr lease term
Average Cap Rate calculated if 3+ comps are available over past 12 months
Quarter Cap Rate
4.52%
Average Cap Rate over previous quarter
Overview
ALDI is a grocery store chain known for their affordably priced white label products. ALDI focuses on giving the customer the most efficient and shopping experience, while saving money without a compromise in quality. As an investment, ALDI attracts investors across the spectrum, due to their long-term leases (15 - 20 years) with no Landlord responsibilities. Their typical ground leases calls for rent increases every 5 years to help combat inflation. ALDI is a German-based private company, which has had tremendous success in the United States over the years. ALDI currently has over 1,800 locations in 35 states and is planning to have over 2,500 locations by 2022.
Property & Lease
Sales Price Range$2,750,000 - $3,500,000
NOI Range$125,000 - $175,000
Building SF18,000
Lease Term20 Years
Escalations10% Every 5 Years
Stock SymbolCAPITALCOM:US500
Credit Rating
S&PN/A
Moody'sN/A
Cap Rate By Region
5.02
4.23
4.53
5.50
N/A
4.31
*Regional cap rates calculated from sales data available over the past 24 months, irrespective of remaining term.
Financial Fundamentals
- Overview
- Cap Rate By Region
Recent Sales Comps
Port Saint Lucie, FL4.19%
Millsboro, DE4.75%
Irmo, SC4.62%
Top Consumer Traffic
Valley Stream, NY1,200,000
Miami, FL1,200,000
Omaha, NE955,000
Provided by Placer.ai
*Indicates ranking may be skewed due to limited data
