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Virtual Drive-By

Aldi NNN

142 NJ-73 · Voorhees Township, NJ 08043 · Grocery / Big Box

Asking price
$4,615,000
Cap rate
5.35%
NOI
$246,950

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Lease

Lease typeNNN
Term remaining11.8 yrs
Expiration04/2038
Rent bumps10% Every 5 Years
Options4 X 5-Year Options
Ground leaseYes
Credit profileCorporate Guarantee
TenancySingle

Planning a 1031 Exchange

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Property

Building SF19,054
Price / SF$242
Year built2018
Lot size1.81 ac
TypeGrocery Store
Days on market431

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

  • Aldi is one of America's fastest-growing retailers with plans to add 800 stores nationwide by the end of 2028

  • Operating on a ground lease with ±13.0 years of primary lease term remaining and four, five-year renewal options with 10% rent increases every 5-years

  • Incredible demand characteristics driven by a 1-mile AHHI of $278K and 158K+ residents within a 5-mile radius

  • Positioned as a pad site to Lowe's and BJ's Wholesale which generate a combined 1.6M+ visits annually

  • Adjacent to Virtua Voorhees Hospital, a full-service, award-winning medical center with 368-beds

Property overview

Jones Lang LaSalle Americas, Inc.​ (“JLL”) is pleased to offer the opportunity to acquire the ground leased interest in a ±19,054 square foot, single-tenant Aldi located at 142 NJ-73 in Voorhees Township, New Jersey (“Property” or “Asset”).​ Aldi is currently operating on a 20-year ground lease (subject to condo declaration) with ±13.4 years of term remaining, four, five-year options and 10.0% rent escalations every 5-years.​

Aldi is positioned in Voorhees Township within the southeastern submarket of the Philadelphia MSA.​ The Township is home to a highly affluent residential base, with an average household income of $278,000+ within a 1-mile radius.​ Voorhees Township is recognized as one of the best places to live in New Jersey

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Asking-market observation aggregated from public listing sources, last observed Sep 11, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.