ALDI NNN Lease Investment
For Sale
$4,310,000
10310 Washington Hwy, Glen Allen, VA 23059
NNN lease investment opportunity with ALDI in Glen Allen, VA.
Days on Market108
Property Features for 10310 Washington Hwy
General Information
Standard status
Active
Property subtype
Retail
Building Details
Year Built
2026
Listing Agency:
SRS Real Estate Partners | McLean
(202) 286-1542
Listed By:
Andrew Fallon
(202) 286-1542
Source:
Srsre
Added: Apr 14
Changed: Jul 10
Last Checked: Jul 30 at 2:25AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners | McLean
Investment Insights
Based on property information with market context.
This property is subject to a new 20-year lease with ALDI, which includes six 5-year options for extension. The lease, guaranteed by ALDI, Inc., features rent increases of 10% every 5 years and 8% at the beginning of each option period. ALDI plans to open more than 180 new stores across 31 states by the end of 2026, aiming for a total of 2,800 stores. This expansion is part of a $9 billion five-year investment plan to reach 3,200 stores nationwide by 2028. The property is located at 10310 Washington Hwy, Glen Allen, VA 23059.
Key Highlights
- New 20‑year lease recently signed by ALDI with 6 (5‑year) options to extend.
- Corporate guaranteed lease by ALDI, Inc.
- 10% rent increases every 5 years.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
159
Businesses Nearby
998
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 100%
United Rentals
Home Improvements & Furnishings
526 visits/mo
0.5 miles
Sunbelt Rentals, Inc.
Home Improvements & Furnishings
472 visits/mo
0.0 miles
Demographics for 23059, VA
40,249
Population
15,783
Households
2.6
Avg Household Size
40
Median Age
70%
College-Educated
97%
High-School Grad
45.8 sq mi
ZIP Area
879
Density / Sq Mi
$153,719
Median Household Income
$78,867
Median Earnings
$1,840
Median Rent
$573,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - NNN lease investment opportunity with ALDI in Glen Allen, VA.
Where is this grocery and convenience store located?
The property is located at 10310 Washington Hwy Glen Allen, VA.
What is the asking price?
The asking price for this property is $4,310,000.
What are key features of this property?
This property features: New 20‑year lease recently signed by ALDI with 6 (5‑year) options to extend.; Corporate guaranteed lease by ALDI, Inc.; 10% rent increases every 5 years.
