275 Dworman Way | New Castle, PA 16101
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
275 Dworman Way
New Castle, PA 16101
ALDI · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- The absolute-net ground lease is corporately guaranteed by ALDI Inc. (Pennsylvania), a wholly owned subsidiary of ALDI Inc.
- The absolute-net ground lease ensures there are no landlord responsibilities and zero expenses, making this an ideal 1031 exchange acquisition
- Ideally located as a pad site in front of Union Plaza shopping center. Walmart Super Center anchors adjacent Union Square shopping center.
- ALDI relocated their existing store, paid for the construction of the improvements and by executed a long-term 20yr lease (16yrs. remain)
- Property has strong fundamentals stem from ALDI’s replaceable rent of $6.27 per s/f, the small price point for a grocer and the large 2.44 AC parcel
- Subject property has excellent visibility and is easily accessible from W. State Street (224) and is directly adjacent to an interchange for I-376
PROPERTY FACTS
Property Type
Retail
Building Size
19,054 SF
Year Built
2018
Building Height
1 Story
Building FAR
0.18
Lot Size
2.44 AC
PROPERTY TAXES
| Parcel Number | 34-014210 | Improvements Assessment | $886,500 |
| Land Assessment | $490,000 | Total Assessment | $1,376,500 |
PROPERTY TAXES
Parcel Number
34-014210
Land Assessment
$490,000
Improvements Assessment
$886,500
Total Assessment
$1,376,500
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
