Aldi | Fairfield County, CT Location | Well Below Market Rent

Monroe, Connecticut

NNN Pro Group is pleased to present the exclusive listing for an Aldi located at 205 Monroe Turnpike in Monroe, CT. The site is currently under construction and will consist of roughly 19,677 rentable square feet of building space on estimated 2.89-acre parcel of land. This Aldi is subject to a 20-year triple (NNN) ground lease, which will commence on September 15, 2024.
The new Panera next door can also be acquired from the same seller, see P.14 for more info!

✓ Long-Term, 20-Year Absolute Triple Net (NNN) Ground Lease
✓ Brand New Construction | Aldi to Open 2024
✓ Ten Percent (10%) Rental Increases Occurring Every Ten (10) Years
✓ Large 2.89-Acre Lot | Very Low Rent Due to Ground Lease
✓ Tenant is Paying only $9 PSF in Rent | Less than 1/4 of Market!
✓ Five (5), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 45 Years