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Off Market
1/5

8615 Hufsmith Rd
Tomball, TX 77375


HIGHLIGHTS

  • Secured-Essential Business Ground Lease

OVERVIEW

20-year ground lease (primary) with four, five-year options leased to an ALDI grocery store situated on the site. Initial term expires 10-31-2036 and the option period expires 10-31-2056 totaling 40 years. A leader in the grocery retailing industry, ALDI operates 11,234 stores worldwide; with more than 1,900 U.S. stores in 36 states and a plan to grow to 2,500 U.S. stores by 2022.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

ALDI Tomball Ground Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

TOTAL BUILDING SIZE

17887

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

59

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

1329960010001