Aldi

19951 S. Tamiami Trail, Estero, FL
Deal Type:
Net Lease
Ownership Type:
Ground Lease
Price:
$3,000,000
Cap Rate:
4.50%
Current Rent:
$135,000
Lease Type:
Triple Net
Lease Term:
20 years
Landlord Responsibilities:
None
Renewal Options:
Four, 5-year options
Building Sq. Ft.:
19,900
Rent Increases:
5.00% every 5 years

Investment Highlights

  • Absolute triple net ground lease with new 20-year lease term
  • 5.00% rental increases every five years
  • No landlord responsibilities
  • The Aldi store shares cross access with the Walmart Supercenter
  • Affluent area centrally located in Southwest Florida | Minutes from Naples and Fort Myers off I-75 in Estero

Listing Agents

Jordan Shtulman

Managing Principal
847 226 4133
Jordan@stream-cp.com

Adam English

Managing Director
256 694 9803
Adam@stream-cp.com

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