Aldi Build-to-Suit Grocery
For Sale
Contact for pricing
829 Paoli Pike, West Chester, PA 19380
Newly constructed brick grocery property under a long-term ground lease.
Property Size20,442 SF
Days on Market144
Property Features for 829 Paoli Pike
General Information
Standard status
Active
Size
20,442 SF
Property subtype
Retail
Site & Location
Traffic Count
23,660 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Construction
all-brick
Tenancy
Single
Listing Agency:
Northmarq - Tulsa
Listed By:
Margaret Caldwell · License #GA 238657
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 29 at 11:50PM
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 Northmarq - Tulsa
Investment Insights
Based on property information with market context.
The offering consists of the ground lease ownership interest in a newly constructed, 20,442-square-foot build-to-suit grocery store occupied by Aldi, Inc. The building features all-brick construction and is subject to a newly executed 20-year ground lease, with renewal options and 10% rent increases every 5 years during the base term.
The property fronts Paoli Pike with reported traffic of 23,660 VPD and has direct access to Route 202, where the nearest intersection carries 110,545 VPD. It is located in West Chester, Pennsylvania, within a surrounding area of 115,997 residents and an average household income of $165,152 annually.
The property fronts Paoli Pike with reported traffic of 23,660 VPD and has direct access to Route 202, where the nearest intersection carries 110,545 VPD. It is located in West Chester, Pennsylvania, within a surrounding area of 115,997 residents and an average household income of $165,152 annually.
Key Highlights
- 20,442‑square‑foot build‑to‑suit grocery store
- Newly executed 20‑year ground lease with Aldi, Inc.
- 10% rent increases every 5 years during the base term
Property Analytics
Property Profile
Current Use
Lease Details
23,660 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,798
Businesses Nearby
310k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 40%
Dining 28%
Groceries 23%
Office Supplies 6%
Wawa
Shops & Services
64,485 visits/mo
0.3 miles
ACME Markets
Groceries
39,495 visits/mo
0.3 miles
McDonald's
Dining
31,820 visits/mo
0.4 miles
Aldi
Groceries
27,503 visits/mo
0.1 miles
Staples
Office Supplies
18,286 visits/mo
0.3 miles
Demographics for 19380, PA
50,692
Population
21,490
Households
2.4
Avg Household Size
43
Median Age
64%
College-Educated
97%
High-School Grad
30.5 sq mi
ZIP Area
1,662
Density / Sq Mi
$122,876
Median Household Income
$69,599
Median Earnings
$1,820
Median Rent
$530,400
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- ACME Markets — 907 Paoli Pike, West Chester, PA 19380
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Newly constructed brick grocery property under a long-term ground lease.
Where is this grocery and convenience store located?
The property is located at 829 Paoli Pike West Chester, PA.
What are key features of this property?
This property features: 20,442‑square‑foot build‑to‑suit grocery store; Newly executed 20‑year ground lease with Aldi, Inc.; 10% rent increases every 5 years during the base term
