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Investment Highlights

  • AMERICA’S FASTESTGROWING GROCER
  • POSITIONED IN FASTGROWING MASTERPLANNED COMMUNITIES
  • LONG-TERM ABSOLUTE NNN GROUND LEASE

Executive Summary

LONG-TERM ABSOLUTE NNN GROUND LEASE
- 25-year absolute NNN lease; zero landlord responsibilities
- 6.5% rent bumps every 5 years
- Five 5-year options (up to 50- year term)
- Corporate-guaranteed income stream
AMERICA’S FASTESTGROWING GROCER
- ALDI is the fastest-growing grocer in the U.S. with $40B+ in annual revenue
- 2,400+ stores across 39 states; 3rd-largest U.S. grocer by store count
- $9B expansion plan to add 800+ stores through 2028, with strong Southeast growth
EXPLOSIVE POPULATION GROWTH
- North Port–Bradenton–Sarasota MSA among the fastest-growing U.S. metros
- Population: 910,000+ in 2023 (up from 833,716 in 2020)
- North Port growth: +55% since 2010, +18.9% since 2020 (U.S. Census Bureau)
- MSA GDP projected to grow from $45.4B (2023) ? $51.5B by 2028
POSITIONED IN FASTGROWING MASTERPLANNED COMMUNITIES
- Located in Wellen Park, a top 10 fastest-selling master-planned community in the U.S.
- Projected 50,000+ residents at full buildout
- Adjacent to Costco; near Publix, Starbucks, and McDonald’s
BRAND-NEW 2025 CONSTRUCTION
- ALDI funded 100% of construction on a landlorddelivered pad
- 20,664 SF prototype store; new construction with no deferred maintenance
EXCEPTIONAL VISIBILITY ON HIGH-TRAFFIC US-41 CORRIDOR
- Directly on US-41 (Tamiami Trail)
- Traffic: 20,000–30,000+ vehicles/day
- Nearby Publix ranks in top 6% nationwide for visits (Placer.ai)

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Supermarket
Building Size
20,664 SF
Building Class
B
Year Built
2026
Price
$3,735,000
Price Per SF
$180.75
Cap Rate
4.15%
NOI
$155,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
4.68 AC
Zoning
C - Commercial
Frontage
530’ on Mezzo Drive
Somewhat walkable
20/100
Exceptionally drivable
100/100

Nearby Major Retailers

Publix
Chase
Fifth Third Bank
Foxtail Coffee Co.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 0785-11-0240
  • 0785-11-0230
Land Assessment
$2,587,500
Improvements Assessment
$0
Total Assessment
$2,587,500
  • Listing ID: 39877058

  • Date on Market: 3/23/2026

  • Last Updated:

  • Address: 11935 Mezzo Dr, Venice, FL 34293

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