Net-Leased Grocery Store with
For Sale
Contact for pricing
1529 Broadway, Fountain Hill, PA 18015
A single-tenant net leased Aldi store built in 2011 on a 3.19-acre site with remaining lease term into 2036.
Property SizeContact for details
Days on Market122
Property Features for 1529 Broadway
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
CBRE
Listed By:
David Hesano · License #MI 6501300653
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 21 at 6:34AM
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 CBRE
Investment Insights
Based on property information with market context.
This offering includes a single-tenant net leased Aldi store built in 2011, comprising 18,309 square feet on a 3.19-acre site. The lease is triple net, with the tenant responsible for reimbursing the landlord for real estate taxes, property insurance, and CAM, excluding roof and structure repair, maintenance, and replacement, as well as parking lot replacement. The Fountain Hill location has 19+ years remaining on the initial 25-year term, expiring in December 2036.
The site provides access and visibility along Broadway. The property is less than two miles from Lehigh University, and Dollar General has subleased approximately 9,000 square feet for an initial 10-year term with one five-year option and one additional option running concurrent with the remainder of the Aldi lease. The balance of approximately 9,300 square feet remains available for sublease.
The site provides access and visibility along Broadway. The property is less than two miles from Lehigh University, and Dollar General has subleased approximately 9,000 square feet for an initial 10-year term with one five-year option and one additional option running concurrent with the remainder of the Aldi lease. The balance of approximately 9,300 square feet remains available for sublease.
Key Highlights
- Two Aldi single‑tenant, net leased Pennsylvania locations offered as a package under Aldi and Delhaize America, LLC guarantees
- Fountain Hill store built in 2011 with 18,309 SF on a 3.19‑acre site with access/visibility along Broadway
- Fountain Hill location has 19+ years remaining on an initial 25‑year lease term, expiring December 2036
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
272
Businesses Nearby
28k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Wawa
Shops & Services
17,530 visits/mo
0.1 miles
Dollar General
Shops & Services
9,620 visits/mo
0.0 miles
Carstar by Lutzi
Shops & Services
518 visits/mo
0.1 miles
Demographics for 18015, PA
33,286
Population
12,867
Households
2.6
Avg Household Size
32
Median Age
31%
College-Educated
87%
High-School Grad
23.2 sq mi
ZIP Area
1,435
Density / Sq Mi
$58,470
Median Household Income
$32,703
Median Earnings
$1,310
Median Rent
$243,100
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - A single-tenant net leased Aldi store built in 2011 on a 3.19-acre site with remaining lease term into 2036.
Where is this grocery and convenience store located?
The property is located at 1529 Broadway Fountain Hill, PA.
What are key features of this property?
This property features: Two Aldi single‑tenant, net leased Pennsylvania locations offered as a package under Aldi and Delhaize America, LLC guarantees; Fountain Hill store built in 2011 with 18,309 SF on a 3.19‑acre site with access/visibility along Broadway; Fountain Hill location has 19+ years remaining on an initial 25‑year lease term, expiring December 2036
