Grand Rapids, MN Grocery and convenience stores for sale

Updated: Apr 10

Single-Tenant Net Leased Grocery

1250 S Pokegama Avenue, Grand Rapids, MN 55744

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New 2016 construction grocery property leased to ALDI Inc. under a long‑term ground lease structure.
Recently signed 15‑year ground lease with ALDI Inc.; store opening in December (2016).
Single‑tenant net lease investment (STNL) structured so the tenant pays operating expenses, capital repairs, and replacements.
Debt‑free; 15‑year term and ground lease structure can support long‑term holding strategies.
Pricing noted at $119 PSF (below replacement cost per provided remarks).

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Grand Rapids, MN Grocery And Convenience Stores for Sale

1250 S Pokegama Avenue, Grand Rapids, MN 55744