Single Tenant ALDI 1115 York

Forged Real Estate is pleased to exclusively offer the opportunity to acquire the fee simple interest in a single tenant property leased to ALDI, (the “Property”) in Gettysburg, Pennsylvania, the county seat of Adams County. ALDI is projecting their grand opening to be April 1, 2025 and will be operating on a NNN ground lease, which will feature 10% rental increases every 5 years starting in year 11. The triple-net (NNN) lease structure allows for a hands-free, passive form of ownership. ALDI is one of America’s fastest growing retailers, serving millions of customers across the country each month. ALDI sits along York Road (US-30), the main retail corridor of Gettysburg boasting 17,600 VPD. The property is located just 2 miles from Gettysburg College. The 5-mile area surrounding the property boasts an average household income of over $100,000. The nearby retailers surrounding ALDI rank at the top of their respective chains according to Placer.ai. GIANT ranks in the top 74th percentile of their chain in the United States. Sheetz ranks in the top 97th percentile of their chain in the United States. CVS Pharmacy ranks in the top 78th percentile within their chain in Pennsylvania. Additionally, QSRs such as Starbucks (87th), Wendy’s (86th), and Dunkin’ (80th) all rank at or above the 80th percentile within each of their respective chains nationwide. McDonald’s along York Road also ranks in the top 85th percentile of their chain in Pennsylvania. Within the immediate area surrounding the property, there are two large commercial development projects underway that will invigorate the community. Reserve at Rock Creek, coming in early 2025, will consist of a mix of luxury apartment homes totaling 226-units and retail shops. Granite Lake will consist of 256 units consisting of mainly single family homes and townhouses, located behind the Gettysburg Marketplace.
BRAND NEW NNN GROUND LEASE WITH RENTAL INCREASES – ALDI is projecting their grand opening to be April 1, 2025 and will be operating on a NNN ground lease, which will feature 10% rental increases every 5 years starting in year 11. The triple-net (NNN) lease structure allows for a hands-free, passive form of ownership.
COUNTY SEAT, CLOSE TO GETTYSBURG COLLEGE – ALDI is located in Gettysburg, Pennsylvania located just 35 miles southwest of Harrisburg. Gettysburg serves as the county seat of Adams County and is just 2 miles from Gettysburg College.
PRIME LOCATION WITHIN AFFLUENT AREA – ALDI sits along York Road (US-30), the main retail corridor of Gettysburg boasting 17,600 VPD. The 5-mile area surrounding the property boasts an average household income of over $100,000.
STRONG PLACER.AI PERFORMANCE OF SURROUNDING RETAIL – The nearby retailers surrounding ALDI rank at the top of their respective chains according to Placer.ai. GIANT ranks in the top 74th percentile of their chain in the United States. Sheetz ranks in the top 97th percentile of their chain in the United States. CVS Pharmacy ranks in the top 78th percentile within their chain in Pennsylvania. Additionally, QSRs such as Starbucks (87th), Wendy’s (86th),and Dunkin’ (80th) all rank at or above the 80th percentile within each of their respective chains nationwide. McDonald’s along York Road also ranks in the top 85th percentile of their chain in Pennsylvania.
ROBUST RETAIL CORRIDOR – Along York Road (17,600 VPD), ALDI is surrounded by a host of national retailers such as: Walmart, GIANT, PNC Bank, CVS Pharmacy, Michaels, Marshalls, Five Below, Tractor Supply Co., AutoZone, Dollar Tree, Verizon, AT&T, T-Mobile, Mattress Warehouse, Sherwin-Williams, Great Clips, Panera Bread, McDonald’s, Wendy’s, Taco Bell, Dunkin’, Starbucks, Burger King, Arby’s, and Subway, further demonstrating the strength of the retail corridor.
NEW DEVELOPMENTS COMING SOON – Within the immediate area surrounding the property, there are two large commercial development projects underway that will invigorate the community. Reserve at Rock Creek, coming in early 2025, will consist of a mix of luxury apartment homes totaling 226-units and retail shops. Granite Lake will consist of 256 units consisting of mainly single family homes and townhouses, located behind the Gettysburg Marketplace.