ALDI is a discount supermarket chain focusing on creating an efficient supermarket experience, saving customers time and money without sacrificing quality.
Although ALDI is a private company, there is great demand for their freestanding stores as net lease investments. The properties are well located on main commercial thoroughfares. ALDI net lease properties provide a long-term investment with no property management responsibilities in the form of 15 to 20-year primary term, NNN ground leases. The lease terms typically call for a 5% increases in rent every 5 years.
Founded by the Albrecht family, the first ALDI store opened in 1961 in Germany, making ALDI the first discounter in the world. Headquartered in Batavia, Illinois, ALDI has more than 1,750 stores across 35 states, employs over 25,000 people and has been steadily growing since opening its first US store in Iowa in 1976.
ALDI has a unique grocery shopping experience as the products are displayed in their shipping boxes to help save time and resources restocking shelves. Shoppers will find more than 90 percent of the groceries they offer are under the ALDI exclusive brands at the lowest prices.
And with more demand comes more stores. Over the past decade, ALDI has nearly doubled in size. By 2022, ALDI will bring its total number of US stores to nearly 2,500.