Mid-America Real Estate Corporation’s Net Lease Group announces the recent sale of Aldi located in Elk River, MN. There are 14.5 years of primary term remaining on the NN lease with rent increases every 5 years.
Tom Fritz and Mark Goldberg of Mid-America Real Estate Corporation and Mike Sims
of Mid-America Real Estate – Minnesota, LLC exclusively represented the
Seller, a local developer, in the transaction. The buyer was a an
investment fund from Germany.
Local Knowledge. National Exposure.
Mid-America Real Estate Corporation is a member of Mid-America Real Estate Group, a ChainLinks affiliate. Mid-America Real Estate Group is a full-service retail real estate organization that has become the Midwest’s leader in retail investment sales. For more information, call (630) 954-7300 or visit www.midamericagrp.com/netlease.html
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