This Retail Property is no longer advertised on LoopNet.com.

829 Paoli
West Chester, PA 19380
ALDI | NEW CONSTRUCTION GROUND LEASE · Retail Property For Sale

Investment Highlights

  • Brand new 20-Year Absolute NNN Ground Lease with 10% rent increases every 5 years and in each of the four (4) 5-year option periods
  • West Chester Demos: 117k residents within 5 miles; Average Household Incomes range from $112k-$165k within 5 miles
  • Less than a mile from from Chester County Hospital and West Chester University, sixth largest university in Pennsylvania (2022 enrollment of 17,500+)
  • Corporately guaranteed by ALDI Inc. (Pennsylvania); ALDI Inc. is an int'l grocer with 10,000+ stores and over $120B in annual revenue
  • Tremendous visibility and ingress/egress on Paoli Pike (25,892 VPD), the primary road leading into downtown West Chester (1 mi.)
  • Less than 1/2 mile from on/off ramps to Route 202/West Chester Bypass (127,771 VPD)

Property Facts

Property Type
Retail
Property Subtype
Supermarket
Building Size
26,000 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
4.18 AC
Zoning
C2

Property Taxes

Property Taxes

Parcel Number
52-05F-0035.0000
Land Assessment
$38,090
Improvements Assessment
$31,030
Total Assessment
$69,120
  • Listing ID: 29648826

  • Date on Market: 9/28/2023

  • Last Updated:

  • Address: 829 Paoli, West Chester, PA 19380

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