ALDI 2629 Crawfordville Hwy

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Aldi property positioned within the Tallahassee MSA in Crawfordville, Florida. In August 2024, Aldi assumed the lease for this location from Winn-Dixie who has been successfully operating here since 1996. At the time of assumption, Aldi signed a new 11-year extension through August 2035 demonstrating commitment. The lease is absolute triple net which presents no landlord responsibilities. The lease features six 5-year renewal options and a new corporate guaranty from Aldi. In the coming months, the store façade will be renovated to reflect ALDI branding.
The 46,922 square-foot building benefits from its position along Crawfordville Highway which experiences over 17,500 vehicles per day. The corridor is occupied by several nationally recognized retailers that include Ace Hardware, AutoZone, Advance Auto Parts, McDonald’s, Walgreens, CVS, VCA, NAPA and many others. Additionally, the surrounding population earns a six-figure average household income within a three-mile radius ($105,530). There are over 31,600 people living within ten miles of the asset.
ALDI, founded in 1946 in Germany, is a leading global grocery retailer with over 2,000 U.S. stores and more than 11,000 locations worldwide. Known for its streamlined, cost-effective approach, ALDI offers high-quality, private-label products at competitive prices, attracting a loyal customer base. The company is rapidly expanding across the U.S., with plans to reach 2,500 stores by 2024, emphasizing renovated stores and enhanced e-commerce. ALDI is also committed to sustainability, aiming for 100% sustainable packaging for its exclusive brands by 2025.