Absolute NNN Lease: Landlord has zero responsibilities making this a true passive investment
Corporate Guaranty: Aldi is part of the Scwarz Group, which is the fifth-largest retailer in the world with sales north of $100 billion
Attractive Lease Fundamentals: Long term 15 year initial lease showing commitment from AutoZone, which includes both triple net (NNN) and double net (NN) leases that are corporately guaranteed
$9 billion will be invested for expansion in the next 5 years
Aldi plans to add 800 stores by the end of 2028 through new openings and store conversions
Aldi's strong financial performance, strategic expansion efforts, and commitment to sustainability make it an attractive corporate tenant for investors seeking stable, long-term opportunities in the retail sector