Property ID #: 19053
Tenant Name: Aldi
Street Address:
City: La Porte
State: TX
Zip: 77536

COMPANY DESCRIPTION

Aldi is an international retailer specializing in a limited assortment of private label, high-quality products at the lowest possible prices. Their unique way of operating makes it almost impossible for competitors to match their combination of price and quality. This means ALDI can offer Incredible Value Every Day. Aldi introduced the limited assortment concept to the United States in 1976 when the first stores were opened in southeastern Iowa. Today, Aldi Inc. operates over 700 stores in 26 states, primarily from Kansas to the east coast.

Sector: Grocery

FINANCIAL PROFILE

Price: $5,177,000
NOI:
Cap Rate: 4.25
Price PSF: N/A
Rent PSF: N/A
Credit Rating (S&P): NR

LEASE ABSTRACT

Lease Type: NNN
Years Remaining:
Initial Term Increases: 10% Every 5 Years
Initial Term Lease Begin: 0000-00-00
Initial Term Lease Expiration: 0000-00-00
Renewal Options:
Option Increases:
Rent Holidays:

PROPERTY OVERVIEW

Type of Ownership:
Year Built: 0000
Year Remodeled :
Tenancy :
Gross Leasable Area (GLA):
Building Size (SFT) :
Lot AC :

DEMOGRAPHICS

Population
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3-Mile:
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Average Household Income
1-Mile: 0.00
3-Mile: 0.00
5-Mile: 0.00

INFORMATION REQUEST

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