ALDI Absolute NNN Ground
For Lease
$2,999,000
2750 Heartland Drive, Coralville, IA 52241
Corporate-guaranteed grocery tenancy with scheduled rent increases and an absolute net lease structure.
Space SizeContact for details
Days on Market51
Property Features for 2750 Heartland Drive
General Information
Standard status
Active
Property subtype
Commercial
Zoning
C-2
Building Details
Year Built
2015
Listing Agency:
SKOGMAN REALTY COMMERCIAL
(319) 730-5732
Listed By:
Tiffany Earl Williams-WSG CRE
Source:
Q4realestate
Added: Jul 10
Changed: Aug 28
Last Checked: Aug 28 at 8:27PM
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 SKOGMAN REALTY COMMERCIAL
Investment Insights
Based on property information with market context.
This absolute net ground lease is occupied by ALDI and includes an 18,783-square-foot grocery store on a 2.2-acre parcel. Built in 2015, the property carries C-2 zoning and benefits from a direct corporate guarantee from ALDI Inc. The lease includes scheduled rent increases and more than nine years of remaining term. Under the absolute net structure, the tenant is responsible for property taxes, insurance, and maintenance, limiting landlord obligations.
The property is located at 2750 Heartland Drive in Coralville, Iowa, within a retail corridor serving the Iowa City MSA. Surrounding retail drivers identified for the corridor include Coral Ridge Mall, Coral North, Costco, and Walmart, creating an established concentration of commercial activity.
The property is located at 2750 Heartland Drive in Coralville, Iowa, within a retail corridor serving the Iowa City MSA. Surrounding retail drivers identified for the corridor include Coral Ridge Mall, Coral North, Costco, and Walmart, creating an established concentration of commercial activity.
Key Highlights
- ALDI‑occupied 18, 783 SF grocery store on a 2.2‑acre parcel
- Absolute net ground lease with tenant responsibility for taxes, insurance, and maintenance
- Direct corporate guarantee from ALDI Inc.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
589
Businesses Nearby
814k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 32%
Dining 28%
Shops & Services 20%
Apparel 16%
Costco Wholesale
Superstores
134,654 visits/mo
0.4 miles
Walmart
Superstores
127,997 visits/mo
0.2 miles
Coralville #2
Shops & Services
46,532 visits/mo
0.4 miles
Kohl's
Apparel
45,895 visits/mo
0.2 miles
Raising Cane's Chicken Fingers
Dining
41,556 visits/mo
0.3 miles
Demographics for 52241, IA
22,319
Population
10,294
Households
2.2
Avg Household Size
34
Median Age
57%
College-Educated
95%
High-School Grad
13.5 sq mi
ZIP Area
1,653
Density / Sq Mi
$66,508
Median Household Income
$40,504
Median Earnings
$1,021
Median Rent
$286,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Corporate-guaranteed grocery tenancy with scheduled rent increases and an absolute net lease structure.
Where is this nnn property located?
The property is located at 2750 Heartland Drive Coralville, IA.
What is the lease rate?
The lease rate is $2,999,000.
What are key features of this property?
This property features: ALDI‑occupied 18, 783 SF grocery store on a 2.2‑acre parcel; Absolute net ground lease with tenant responsibility for taxes, insurance, and maintenance; Direct corporate guarantee from ALDI Inc.
