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Aldi 20 Yr Abs NNN 2515 Banksville Rd 23,884 SF Retail Building Pittsburgh, PA 15216 $11,940,679 CAD ($499.94 CAD/SF) 5.10% Cap Rate
Investment Highlights
- Single-Tenant, Absolute NNN ALDI Grocery Store With Zero Landlord Responsibilities
- Brand-New 2025 Renovation Of Former Staples | 23,884 SF Freestanding Grocery On 2.73-Acre Parcel
- 10% Rent Increases Every 5 Years Throughout Initial Term And All Options
- #1 Store Opening in Region
- 19.5 Years Of Remaining Lease Term With Four, 5-Year Renewal Options Extending Through 2065
- Full Corporate Guaranty By ALDI Inc., Backed By The Albrecht Family (Private Ownership)
Property Facts
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
-
99,999 SF
- -
-
Jan 0000
ALDI SÜD began in 1961 as part of the wider ALDI discount model and later developed into a separate southern division of the brand. The company focuses on grocery retailing, with fresh food, own-label products, seasonal promotions and online services in selected markets. ALDI SÜD also extends into property development through its Immobilien arm, which develops store concepts, mixed-use projects and site-specific real estate solutions with cities and project partners. From its roots in Germany, the business expanded beyond its home market and now operates across multiple continents with a wide retail network.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | 99,999 SF | - | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 0036-S-00027-0000-00 | Improvements Assessment | $2,587,379 CAD |
| Land Assessment | $1,552,541 CAD | Total Assessment | $4,139,920 CAD |
Property Taxes
Presented by
Aldi 20 Yr Abs NNN | 2515 Banksville Rd
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