New-Construction ALDI Grocery
For Sale
Contact for pricing
Pending
6820 Pearl Rd, Middleburg Heights, OH 44130
Corporate-guaranteed lease with long-term occupancy and multiple extension options.
Property SizeContact for details
Days on Market142
Property Features for 6820 Pearl Rd
General Information
Standard status
Pending
Property subtype
Retail
Additional Details
Traffic Count
40,000 vehicles/day
Building Details
Year Built
2024
Tenancy
Single
Listing Agency:
Goodman Real Estate Services Group LLC
(216) 381-8200
Listed By:
Kyle Hartung · License #OH SAL.2003016343
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 8:07PM
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 Goodman Real Estate Services Group LLC
Investment Insights
Based on property information with market context.
This fee-simple grocery property is occupied by ALDI, with the store opening in August 2024. The building follows ALDI’s current corporate design and prototype. Its lease includes 20 initial years of corporately guaranteed term, followed by four 5-year options. Contractual base-rent increases occur at 10% every 5 years beginning in year 11 and continue through the option periods. ALDI is responsible for repairs, maintenance, and replacements under the lease structure.
The property sits near the intersection of Pearl Road and West 130th Street in Middleburg Heights, Ohio, with reported traffic of more than 40,000 vehicles per day. Adjacent retail includes Chipotle, AT&T, Smoothie King, Citizens Bank, urgent care, Starbucks, and McAlister’s Deli. A power center across the street includes Giant Eagle, Marc’s, BJ’s Wholesale Club, Petco, Marshall’s, Five Below, and Joann.
The property sits near the intersection of Pearl Road and West 130th Street in Middleburg Heights, Ohio, with reported traffic of more than 40,000 vehicles per day. Adjacent retail includes Chipotle, AT&T, Smoothie King, Citizens Bank, urgent care, Starbucks, and McAlister’s Deli. A power center across the street includes Giant Eagle, Marc’s, BJ’s Wholesale Club, Petco, Marshall’s, Five Below, and Joann.
Key Highlights
- New ALDI corporate store opened in August 2024
- 20 initial years of corporately guaranteed lease term
- Four 5‑year extension options
Property Analytics
Property Profile
Current Use
Lease Details
40,000 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
765
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 44130, OH
50,825
Population
23,819
Households
2.1
Avg Household Size
45
Median Age
28%
College-Educated
92%
High-School Grad
17.1 sq mi
ZIP Area
2,972
Density / Sq Mi
$68,099
Median Household Income
$43,474
Median Earnings
$1,045
Median Rent
$184,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Marc's — 6849 Southland Dr, Middleburg Heights, OH 44130
- Giant Eagle Supermarket — 6869 Southland Dr, Middleburg Heights, OH 44130
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Corporate-guaranteed lease with long-term occupancy and multiple extension options.
Where is this grocery and convenience store located?
The property is located at 6820 Pearl Rd Middleburg Heights, OH.
What are key features of this property?
This property features: New ALDI corporate store opened in August 2024; 20 initial years of corporately guaranteed lease term; Four 5‑year extension options
