ALDI

4105 Brian Jordan Place, High Point, NC 27265

Newly leased, single-tenant ALDI Grocery store in High Point, NC
Asset is secured by a NN lease corporately backed by ALDI Inc.
10-year base term lease with eight 5-year options, potentially extending the lease through 2076
10% Rent Increase in Year 6 and 10% Increases in each Renewal option
24,096 SF Grocery store on a 2.4-acre parcel
ALDI, Inc. is a global discount supermarket chain
ALDI operates over 2,400 stores in the U.S. and over 6,600 stores in 10+ countries
Tabbed as one of the fastest growing-retailers in the country, ALDI intends open an additional 800 stores in the U.S. by 2028
High Growth Submarket
High Point ranks among North Carolina’s fastest-growing large cities, adding nearly 2,000 residents in the past year to reach a population of 120,571
New 36-acre development (Palladium South) currently in works across W Wendover Ave. Will consist of a potential Publix, restaurants, banks, and a 300+ unit apartment building.
Centrally Located
Outparcel of the Palladium Shopping Center, adjacent to Belk and O2 Fitness, with frontage on W Wendover Avenue (40,000+ VPD) and Eastchester Drive/NC-68 (41,000+ VPD)
Within 2 miles of Oak Hollow Lake, 5 miles of High Point University and roughly 15 miles from Piedmont Triad International Airport, with quick access to I-40 and I-85