WSG CRE is pleased to offer for sale the fee simple interest in a 2.2-acre site containing an Aldi grocery store.? Aldi operates on an absolute net ground lease with 9+ years of term remaining.? The offering serves the affluent community of Coralville within the Iowa City MSA and benefits from strong surrounding national retailers including Costco, Walmart, Raising Cane's, and others.? Investment highlights - The property is leased to ALDI under an absolute net ground lease, providing investors with a truly passive, management-free investment opportunity. All operating expenses, including taxes, insurance, and maintenance, are the responsibility of the tenant. - The ALDI in Coralville benefits from a highly trafficked retail corridor within the Iowa City MSA, surrounded by major national retailers including Costco, Walmart, and Raising Cane's. The property serves a growing and affluent trade area supported by the nearby University of Iowa and strong regional population growth. ALDI's value-oriented grocery model and focus on essential daily-use goods position the store to benefit from consistent consumer demand and recurring traffic patterns. - The asset is offered at an asking price of $2,999,000, reflecting a 5.25% cap rate on current NOI of $157,464. The property offers stable, predictable annual income backed by a nationally recognized retailer, with an 8% rental increase in 2030 and in each of the six option periods. - Constructed in 2015, the approximately 18,783-square-foot building is relatively modern and well-positioned for long-term occupancy. The newer construction and corporate ground lease structure may help minimize future capital expenditure exposure for ownership during the hold period. - The Coralville ALDI ranks in the top 13% of all ALDI locations nationwide and top 9 in the state of Iowa, reflecting strong store-level performance and consistent consumer demand that further supports the stability of the investment.