2985 Gause Blvd · Slidell, LA 70461 · Grocery / Big Box
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15+ Years Remaining | Options To Extend | Scheduled Rental Increases
Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
Signalized, Hard-Corner Intersection (30,300 VPD) |Strong National/Credit Tenant Presence | Retail Corridor
Strong Demographics In 5-Mile Trade Area
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased Aldi investment property located in Slidell, Louisiana. The tenant has 15+ years left on its lease with 5 (5-year) options to extend, demonstrating their commitment to the site. The lease features flat rent throughout the initial term and a 9.89% increase at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.
The Aldi is located at the signalized, hard-corner intersection of Gause Blvd and S Military Rd, combining to average over 30,300 vehicles passing by daily. Gause Blvd is a major retail thoroughfare serving the city of Slidell. The property is located right off of Interstate 10, which sees over 56,700 vehicles passing by daily. The site is located less than 2 miles from a Walmart Supercenter, Home Depot, Hobby Lobby, and Lowe’s Home Improvement. The asset is directly across from a 75,000+ square foot shopping center, which features several strong local tenants. The property is in the center of a primary retail corridor with other nearby national/credit tenants including Harbor Freight, Chick-fil-A, Starbucks, Raising Cane’s, Taco Bell, Outback Steakhouse, and more, further increasing consumer traffic to the site. Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site. The 5-mile trade area is supported by a population of over 68,700. The 1-mile trade area has an average household income of $127,178.
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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.