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20 Litchfield Plz
Litchfield, IL 62056
ALDI · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Supermarket
Building Size
22,245 SF
Building Class
B
Year Built
2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
3.35 AC
Zoning
C1
Parking
148 Spaces (6.65 Spaces per 1,000 SF Leased)

ABOUT 20 LITCHFIELD PLZ , LITCHFIELD, IL 62056

Brand New Construction Single-Tenant ALDI Ground Lease: - Corporate Absolute NNN 15-year ground lease - 6% increases every 5 years - ALDI is one of the world’s largest grocery chains (10,000 markets worldwide; 1,800 in the U.S.) - ALDI plans to expand its U.S. footprint by nearly 50% to 2,500 stores by the end of 2022, which will make them the third largest grocery chain next to Walmart and Kroger Rare ALDI Relocation Store: - Due to strong sales, ALDI relocated from across the street to expand their space - ALDI owns the property that they are relocating from which is further evidence of their desire for a larger footprint Located within a Dominant Shopping Center: Litchfield Plaza draws from an extensive trade area of over 30 miles - Nearby national/credit tenants in the immediate area include Walmart Supercenter, Burger King, Jack in the Box, McDonald’s, Ruby Tuesday, Steak n’ Shake, and Walgreens Located on a Primary Retail Corridor: Litchfield is known as "the hub" of Central Illinois; Served by Interstate 55 and Illinois State Route 16 Tourist Destination: Minutes from Lake Lou Yaeger, a popular tourist destination attracting thousands of visitors each week from Chicago, St. Louis, and Springfield

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10-32-403-044
Land Assessment
$61,680
Improvements Assessment
$823,790
Total Assessment
$885,470
  • Listing ID: 15229391

  • Date on Market: 2/20/2019

  • Last Updated:

  • Address: 20 Litchfield Plz, Litchfield, IL 62056

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