11975 Mezzo Drive - Retail FOR SALE


Venice, FL 34293- Venice/Englewood
$3,735,000 USD
980-498-3293
11975 Mezzo Drive, Venice, FL for Sale
$3,735,000 USD
Retail - FOR SALE
1/4

11975 Mezzo Drive
Venice, FL 34293
Venice/Englewood


HIGHLIGHTS

  • AMERICA’S FASTESTGROWING GROCER
  • LONG-TERM ABSOLUTE NNN GROUND LEASE
  • POSITIONED IN FASTGROWING MASTERPLANNED COMMUNITIES

OVERVIEW

LONG-TERM ABSOLUTE NNN GROUND LEASE - 25-year absolute NNN lease; zero landlord responsibilities - 6.5% rent bumps every 5 years - Five 5-year options (up to 50- year term) - Corporate-guaranteed income stream AMERICA’S FASTESTGROWING GROCER - ALDI is the fastest-growing grocer in the U.S. with $40B+ in annual revenue - 2,400+ stores across 39 states; 3rd-largest U.S. grocer by store count - $9B expansion plan to add 800+ stores through 2028, with strong Southeast growth EXPLOSIVE POPULATION GROWTH - North Port–Bradenton–Sarasota MSA among the fastest-growing U.S. metros - Population: 910,000+ in 2023 (up from 833,716 in 2020) - North Port growth: +55% since 2010, +18.9% since 2020 (U.S. Census Bureau) - MSA GDP projected to grow from $45.4B (2023) ? $51.5B by 2028 POSITIONED IN FASTGROWING MASTERPLANNED COMMUNITIES - Located in Wellen Park, a top 10 fastest-selling master-planned community in the U.S. - Projected 50,000+ residents at full buildout - Adjacent to Costco; near Publix, Starbucks, and McDonald’s BRAND-NEW 2025 CONSTRUCTION - ALDI funded 100% of construction on a landlorddelivered pad - 20,664 SF prototype store; new construction with no deferred maintenance EXCEPTIONAL VISIBILITY ON HIGH-TRAFFIC US-41 CORRIDOR - Directly on US-41 (Tamiami Trail) - Traffic: 20,000–30,000+ vehicles/day - Nearby Publix ranks in top 6% nationwide for visits (Placer.ai)

FOR SALE DETAILS

PRICE

$3,735,000 USD

CAP RATE

4.15%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

ALDI

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Storefront, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.73 AC

LAND SF

206,039 SF

ZONING

-

APN/PARCEL ID

0785-11-0230,0785-11-0240

ASK ABOUT THIS PROPERTY

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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David HoppeAtlantic Capital PartnersMore Info
980-498-3293

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.