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Grocery Store with Ground Lease

135 American Path, Georgetown, KY 40324

For Sale
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ALDI occupies the property under a long-term ground lease with rent increases every five years.

Property SizeContact for details
Lot Size2.52 Acres
Days on Market22

Property Features for 135 American Path

General Information

Standard status Active
Lot size 2.52 Acres
Property subtype Retail

Site & Location

Corner Location Yes
Traffic Count 38,000 vehicles/day
Highway Access Yes
Road Access Yes

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Building Details

Tenancy Single
Listing Agency: Syndicated Equities
Listed By: Katie Donovan · License IL 475.207775
Source: Crexi
Added: Oct 19 Changed: Nov 8 Last Checked: Nov 8 at 3:18PM

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 Syndicated Equities

Rey
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Investment Insights

Based on property information with market context.

The 2.52-acre site is occupied by a single ALDI grocery store under a long-term ground lease. Rent increases occur every five years during the base term and when each renewal option begins, providing a defined schedule of lease adjustments. The property is located at a signalized corner where US-62 meets US-25, with frontage on both highways.

Combined traffic at the intersection is approximately 38,000 vehicles per day. The site is adjacent to a Kroger store, and Placer.ai data indicates that roughly one in four Kroger shoppers also visited this ALDI in 2025. The location and shared customer activity connect the grocery property to two established retailers in the area.

Key Highlights

  • 2.52‑acre site occupied by a single ALDI grocery store
  • Long‑term ground lease with rent increases every five years during the base term and at each renewal option
  • Signalized corner at US‑62 and US‑25 with frontage on both highways

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

ALDI Specialty Food Shop

Suggested Use

Top Pick Building Supply Law Firm Kitchen & Bath Showroom Garden Center Big Box & Wholesale Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

38,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

721
Businesses Nearby
Under-served
Demand for This Use

Demographics for 40324, KY

51,035
Population
20,570
Households
2.5
Avg Household Size
35
Median Age
34%
College-Educated
94%
High-School Grad
155.1 sq mi
ZIP Area
329
Density / Sq Mi
$83,012
Median Household Income
$47,619
Median Earnings
$1,188
Median Rent
$262,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - ALDI occupies the property under a long-term ground lease with rent increases every five years.
Where is this grocery and convenience store located?
The property is located at 135 American Path Georgetown, KY.
What is the asking price?
The asking price for this property is $2,825,000.
What are key features of this property?
This property features: 2.52‑acre site occupied by a single ALDI grocery store; Long‑term ground lease with rent increases every five years during the base term and at each renewal option; Signalized corner at US‑62 and US‑25 with frontage on both highways
(312) 640-9017 Call to check price and availability
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