ALDI

TBD Henry Blvd.
Statesboro, GA

Price: $2,796,000
Cap: 4.65%
NOI: $130,000
Building Size: 23,435 SF
Lot Size: 2.92 AC

Investment Highlights

NEW CONSTRUCTION STORE
• Brand new build-to-suit ALDI ground lease in Statesboro, GA.
• Rent is scheduled to commence in June 2019. The store is scheduled to open September 2019.

LONG TERM GROUND LEASE WITH ATTRACTIVE INCREASES
• New 20-year corporate guaranteed NNN ground lease with zero landlord responsibilities.
• 10% rental increases every 5 years during the lease and six, 5-year options.

OUTPARCEL TO RETAIL POWER CENTER
• Subject property sits at the entrance to a 115,181 SF stabilized retail power center (Statesboro Crossing).
• Statesboro Crossing is the dominant retail destination for Statesboro, GA.
• Anchors include T.J. Maxx, Hobby Lobby, Petco, and More.

PRIMARY RETAIL CORRIDOR LOCATION
• Subject property sits at the heart of the Statesboro retail corridor along Veterans Memorial Pkwy (25,700 VPD).
• Over 1.5M SF of retail within 1-mile radius of this property which includes Walmart, Lowe’s and The Statesboro Mall.

HOME TO GEORGIA SOUTHERN UNIVERSITY
• Subject property is located 2 miles from Georgia Southern University (28,000+ Students).
• GA Southern is the 6th largest college in the state of Georgia.
• GSU has been ranked as a Top 12 Business School and one of America’s Best Colleges by Forbes.

ALDI IS THE FASTEST GROWING GROCERY CHAIN IN THE U.S.
• ALDI has 11,234 locations worldwide and over 1,800 in the U.S.
• ALDI is targeted to build another 800 new stores over the next 5 years and bring its total number of U.S. stores to 2,500.
• On track to be the third largest grocery chain in the U.S.

Don McMinn
OFFERING MEMORANDUM

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