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Investment Details

Price: $13,365,000 Location: Minneapolis, MN
Cap Rate: 4.04% Lease Type: NNN
NOI: $540,000 Lease Expiration: May 2029
Demographic Information (5-Mile Radius)
2021 Population: 501,882
2026 Population: 531,420
2021 Average Household Income: $102,265
2021 Median Household Income: $71,615
Contact
Deborah Vannelli, CCIM
deb@upland.com
612.376.4475
Keith Sturm, CCIM
keith@upland.com
612.376.4488

ALDI

Minneapolis | Minnesota
Highlights
Drone Video: https://www.youtube.com/watch?v=cOnRPBFJn3U
• Highly sought after ALDI Grocery currently operates 2,000 locations in 36 states.
• ALDI has 60 designated underground heated, complimentary stalls, & 2 elevators.
• Condo ownership of ALDI; well located at Rex26, a mixed use development with 87 luxury apartments.
• Located in the Lyn-Lake area which has become one of the most desired neighborhoods in Twin Cities.
• NNN Lease with 6 1/2 years remaining on the primary lease term.
• Strong demographics with a population of 239,931 within a 3-mile radius.

ALDI

Minneapolis | Minnesota

Highlights
Drone Video: https://www.youtube.com/watch?v=cOnRPBFJn3U

• Highly sought after ALDI Grocery currently operates 2,000 locations in 36 states.
• ALDI has 60 designated underground heated, complimentary stalls, & 2 elevators.
• Condo ownership of ALDI; well located at Rex26, a mixed use development with 87 luxury apartments.
• Located in the Lyn-Lake area which has become one of the most desired neighborhoods in Twin Cities.
• NNN Lease with 6 1/2 years remaining on the primary lease term.
• Strong demographics with a population of 239,931 within a 3-mile radius.

Investment Details

Price: $13,365,000
Location: Minneapolis, MN
Cap Rate: 4.04%
Lease Type: NNN
NOI: $540,000
Lease Expiration: May 2029
Demographic Information (5-Mile Radius)
2021 Population: 501,882
2026 Population: 531,420
2021 Average Household Income: $102,265
2021 Median Household Income: $71,615
Contact
Deborah Vannelli, CCIM
deb@upland.com
612.376.4475
Keith Sturm, CCIM
keith@upland.com
612.376.4488

©2015 Upland Real Estate Group, Inc. All rights reserved. Upland Real Estate Group, Inc.
50 South 6th Street | Suite 1418
Minneapolis | MN | 55402
Main: 612.332.6600 | Fax: 612.376.4489
©2015 Upland Real Estate Group, Inc. All rights reserved.
Upland Real Estate Group, Inc.
50 South 6th Street | Suite 1418
Minneapolis | MN | 55402
Main: 612.332.6600 | Fax: 612.376.4489