ALDI Grocery Ground
For Sale
Contact for pricing
Pending
2450 Rockwood, Calexico, CA 92231
Freestanding, single-tenant retail asset backed by an absolute NNN lease and corporate tenant guarantee.
Property SizeContact for details
Days on Market143
Property Features for 2450 Rockwood
General Information
Standard status
Pending
Property subtype
Retail
Site & Location
Anchor Co-Tenants
Walmart
Traffic Count
37,500 vehicles/day
Highway Access
Yes
Building Details
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Newport Beach
Listed By:
Matthew Mousavi · License #CA 01732226
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Aug 30 at 6:00AM
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 Newport Beach
Investment Insights
Based on property information with market context.
The property consists of the leased fee interest in a freestanding, single-tenant Aldi grocery location at 2450 Rockwood, Calexico, CA 92231. Aldi provides a corporate guarantee, while the absolute NNN lease places zero landlord responsibilities on ownership. Approximately 16 years remain in the initial term, followed by 8 five-year extension options. Contractual rent increases are set at 10% every five years during the initial term and at the start of each option period.
The site occupies an outparcel to a 24-hour Walmart Supercenter at the signalized intersection of E. Cole Boulevard and Imperial Ave/State Highway 111. More than 37,500 vehicles pass the intersection each day. California State Route 111 provides access to Interstate 8 and runs directly by the property. The nearby Calexico West Port of Entry recorded over 3.3 million cars, 3 million pedestrians, and 6.1 million vehicle passengers in 2018.
The site occupies an outparcel to a 24-hour Walmart Supercenter at the signalized intersection of E. Cole Boulevard and Imperial Ave/State Highway 111. More than 37,500 vehicles pass the intersection each day. California State Route 111 provides access to Interstate 8 and runs directly by the property. The nearby Calexico West Port of Entry recorded over 3.3 million cars, 3 million pedestrians, and 6.1 million vehicle passengers in 2018.
Key Highlights
- Approximately 16 years remain on Aldi’s initial lease term
- 8 five‑year extension options follow the initial lease term
- 10% rent increases occur every 5 years during the initial term and each option period
Property Analytics
Property Profile
Current Use
Lease Details
37,500 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
510
Businesses Nearby
255k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 31%
Dining 29%
Groceries 19%
Shops & Services 12%
Walmart
Superstores
80,319 visits/mo
0.3 miles
Cardenas Market
Groceries
35,198 visits/mo
0.2 miles
Dollar Tree
Shops & Services
22,228 visits/mo
0.2 miles
Jack in the Box
Dining
20,713 visits/mo
0.1 miles
Denny's
Dining
13,470 visits/mo
0.3 miles
Demographics for 92231, CA
39,542
Population
11,799
Households
3.4
Avg Household Size
36
Median Age
21%
College-Educated
65%
High-School Grad
68.6 sq mi
ZIP Area
576
Density / Sq Mi
$50,114
Median Household Income
$26,738
Median Earnings
$1,049
Median Rent
$281,600
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Freestanding, single-tenant retail asset backed by an absolute NNN lease and corporate tenant guarantee.
Where is this grocery and convenience store located?
The property is located at 2450 Rockwood Calexico, CA.
What are key features of this property?
This property features: Approximately 16 years remain on Aldi’s initial lease term; 8 five‑year extension options follow the initial lease term; 10% rent increases occur every 5 years during the initial term and each option period
