LOW RENT & PRICE POINT
• This Aldi has a low rent of $120,000 a year ($6.40/SF) that equates to a low price point of $2,475,000.
ALDI IS THE FASTEST GROWING GROCERY CHAIN IN THE U.S.
• There are 12,000+ ALDI locations worldwide and over 2,474 in the U.S.
• ALDI has an $80+ Billion net worth and did $40.2 Billion in sales in 2022.
• ALDI has been one of America’s favorite grocery retailers and for the eighth consecutive year, the Value Leader for grocery shoppers.
• In 2023, Aldi acquired approximately 400 Winn-Dixie and Harveys grocery stores from Southeastern Grocers, with plans to convert 220 locations to Aldi stores.
20-YEAR CORPORATE GROUND LEASE WITH 10% INCREASES
• New 20-year corporate guaranteed ground lease with 10% rent increases.
• Tenant is responsible for the roof, structure, common area, insurance, and utilities.
• The owner of the Aldi parcel is responsible for billing the adjacent parcel owners and tenant for their pro rata share of taxes, shared sign expenses, and pond maintenance costs.
• 10% rental increases every 5 years during the lease and each of the four, 5-year options.
• This stores rent commenced on May 15, 2025
MAIN RETAIL CORRIDOR LOCATION
• The subject property is located in the main retail corridor of Thomaston, GA.
• Surrounding tenants include Walmart, Home Depot, Tractor Supply, Chick-fil-a, McDonald’s, and many more.
• Recent developments include a new Whataburger, a new Chick-fil-A, and a car wash currently under construction.
THOMASTON, GA
• Thomaston is the county seat of Upson County and is a strategic location in the heart of Georgia’s “golden triangle” (Atlanta–Macon–Columbus).
• Thomaston has seen recent growth with Green Georgia LLC, a sustainable building materials manufacturer, announcing a $59 million investment to establish its headquarters in the city.