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.