Palomar Group Announces Sale of ALDI in Duncan, SC

The Palomar Group is pleased to announce the successful closing of Aldi in Duncan (Greenville), SC located at 1907 E Main St, Duncan, South Carolina. 

The property is a newly constructed retail asset with a 20-year ALDI ground lease, providing a long-term, stable income stream. The sale price was $3,775,000, and the buyer was a private investor, while the seller was a private developer.  

The transaction officially closed on March 24, 2026. 

“This was our first ALDI sale in what, given their growth trajectory, promises to be a long runway of deals to come,” said Ryan McArdle, Partner at The Palomar Group. “Working with industry partners and friends to bring this one to life and ultimately achieve a successful close was the real win!” 

The property’s location along a high-traffic retail corridor in Duncan offers strong visibility and accessibility, further enhancing its value as a net-leased retail investment. 

About The Palomar Group
Headquartered in Augusta, Georgia, The Palomar Group is a full-service commercial investment sales firm specializing in the sale of single-tenant, multi-tenant, and multifamily properties across the United States. With a proven track record of over $1.5 billion in completed transactions spanning 19 states and more than 14 million square feet, The Palomar Group is committed to delivering exceptional results through data-driven strategies, deep market knowledge, and a client-focused approach. 

For more information about this transaction or other investment opportunities, please contact The Palomar Group.