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Aldi | Green Bay MSA 2324 Lineville rd 19,787 SF Retail Building Suamico, WI 54313 $2,736,842 ($138.32/SF) 4.75% Cap Rate
INVESTMENT HIGHLIGHTS
- 20-Year Corporate Ground Lease – Six (6) five-year options; 5% rent escalations every five years
- Long-Term Income Stability – Year 1 NOI $130,000 | Cap Rate 4.75% | Price $2,736,842
- Dynamic Growth Market – Suamico/Howard corridor experiencing rapid residential and commercial expansion
- Corporate Guarantee – Lease backed by Aldi Inc. (Wisconsin), wholly owned subsidiary of Aldi Süd Group (˜ $155 B global revenue, 12,000+ stores)
- Premier Retail Location – Within Urban Edge Towne Center anchored by Festival Foods and Starbucks
EXECUTIVE SUMMARY
Mid-America Real Estate – Wisconsin is pleased to present the opportunity to acquire a brand-new, build-to-suit Aldi located in Suamico, Wisconsin, part of the Green Bay metropolitan area.
The property features a 20-year absolute NNN ground lease backed by Aldi Inc. (Wisconsin), a corporate subsidiary of Aldi Süd Group, one of the world’s largest privately held grocery chains.
Situated within the Urban Edge Towne Center, Suamico’s premier grocery-anchored retail hub, the asset offers exceptional visibility along Lineville Road with immediate access to U.S. Highway 41 (58,000 VPD).
The lease requires no landlord responsibilities, includes 5% rent increases every five years, and provides investors a fully passive, long-term income stream from an international credit tenant.
The surrounding trade area boasts affluent demographics, strong residential growth, and a robust mix of national retailers including Festival Foods, Starbucks, Papa Murphy’s, and Capital Credit Union.
The property features a 20-year absolute NNN ground lease backed by Aldi Inc. (Wisconsin), a corporate subsidiary of Aldi Süd Group, one of the world’s largest privately held grocery chains.
Situated within the Urban Edge Towne Center, Suamico’s premier grocery-anchored retail hub, the asset offers exceptional visibility along Lineville Road with immediate access to U.S. Highway 41 (58,000 VPD).
The lease requires no landlord responsibilities, includes 5% rent increases every five years, and provides investors a fully passive, long-term income stream from an international credit tenant.
The surrounding trade area boasts affluent demographics, strong residential growth, and a robust mix of national retailers including Festival Foods, Starbucks, Papa Murphy’s, and Capital Credit Union.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Conditions
Property Type
Building Size
19,787 SF
Year Built
2023
Price
$2,736,842
Price Per SF
$138.32
Cap Rate
4.75%
NOI
$130,000
Tenancy
Single
Building Height
1 Story
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | SU-2757-2 | Improvements Assessment | $2,147,200 |
| Land Assessment | $527,000 | Total Assessment | $2,674,200 |
PROPERTY TAXES
Parcel Number
SU-2757-2
Land Assessment
$527,000
Improvements Assessment
$2,147,200
Total Assessment
$2,674,200
CONTACTS
-
Dan Rosenfeld -
Andrew Lund -
Tanner Rosen -
Mid-America Real Estate – Wisconsin, LLC
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Aldi | Green Bay MSA | 2324 Lineville rd
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