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Aldi 20 Yr Abs NNN 2515 Banksville Rd 23,884 SF Retail Building Pittsburgh, PA 15216 $11,617,233 CAD ($486.40 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 is a privately held discount supermarket group operating worldwide under two entities: Aldi Nord and Aldi Süd. Founded by Karl and Theo Albrecht, the company pioneered a no-frills retail model that emphasizes efficiency, low prices, and high-quality private-label products. Aldi’s streamlined approach minimizes overhead costs, enabling customers to enjoy significant savings without compromising quality. The brand is recognized for its sustainability initiatives, including reducing packaging waste and promoting recyclable materials. Today, Aldi continues to expand globally, maintaining its core values of simplicity, responsibility, and consistency while delivering a convenient shopping experience.
| 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 | $1,894,042 CAD |
| Land Assessment | $1,512,687 CAD | Total Assessment | $3,406,728 CAD |
Property Taxes
Presented by
Aldi 20 Yr Abs NNN | 2515 Banksville Rd
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