2324 Lineville rd - Retail FOR SALE


Suamico, WI 54313
$2,736,842 USD
414-273-4600
2324 Lineville rd, Suamico, WI for Sale
$2,736,842 USD
Retail - FOR SALE
1/10
null | 4.75% Cap Rate

2324 Lineville rd
Suamico, WI 54313


HIGHLIGHTS

  • 20-Year Corporate Ground Lease – Six (6) five-year options; 5% rent escalations every five years
  • Corporate Guarantee – Lease backed by Aldi Inc. (Wisconsin), wholly owned subsidiary of Aldi Süd Group (˜ $155 B global revenue, 12,000+ stores)
  • Long-Term Income Stability – Year 1 NOI $130,000 | Cap Rate 4.75% | Price $2,736,842
  • Premier Retail Location – Within Urban Edge Towne Center anchored by Festival Foods and Starbucks
  • Dynamic Growth Market – Suamico/Howard corridor experiencing rapid residential and commercial expansion

OVERVIEW

Mid-America Real Estate – Wisconsin is pleased to present the opportunity to acquire a brand-new, build-to-suit Aldi located in Suamico, Wisconsin, part of the Green Bay metropolitan area. The property features a 20-year absolute NNN ground lease backed by Aldi Inc. (Wisconsin), a corporate subsidiary of Aldi Süd Group, one of the world’s largest privately held grocery chains. Situated within the Urban Edge Towne Center, Suamico’s premier grocery-anchored retail hub, the asset offers exceptional visibility along Lineville Road with immediate access to U.S. Highway 41 (58,000 VPD). The lease requires no landlord responsibilities, includes 5% rent increases every five years, and provides investors a fully passive, long-term income stream from an international credit tenant. The surrounding trade area boasts affluent demographics, strong residential growth, and a robust mix of national retailers including Festival Foods, Starbucks, Papa Murphy’s, and Capital Credit Union.

FOR SALE DETAILS

PRICE

$2,736,842 USD

PRICE/SF

$138 USD /SF

CAP RATE

4.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Aldi | Green Bay MSA

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

SU-2757-2

ASK ABOUT THIS PROPERTY

Dan RosenfeldMid-America Real Estate – Wisconsin, LLCMore Info
414-273-4600

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Dan RosenfeldMid-America Real Estate – Wisconsin, LLCMore Info
414-273-4600

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