Description
An absolute net ground lease investment occupied by ALDI at 2750 Heartland Drive in Coralville, Iowa — situated within the most active retail corridor in the Iowa City MSA. The 18,783 SF store sits on a 2.2-acre parcel and delivers a current NOI of $157,464 with more than nine years of remaining lease term, scheduled rent increases, and a direct corporate guarantee from ALDI Inc. The absolute net structure means zero landlord responsibilities — taxes, insurance, and maintenance are entirely the tenant's obligation. This location ranks among the top-performing ALDI stores in Iowa and places within the top tier of ALDI locations nationwide per Placer.ai foot traffic data. The property is surrounded by dominant retail drivers including Coral Ridge Mall, Coral North, Costco, Walmart, and more — an established co-tenancy that continues to attract and sustain strong consumer traffic to the corridor.
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0BEDS
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2.2ACRES
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0BATHS
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01/2 BATHS
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18,783SQFT
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$160$/SQFT
School Ratings & Info
Description
An absolute net ground lease investment occupied by ALDI at 2750 Heartland Drive in Coralville, Iowa — situated within the most active retail corridor in the Iowa City MSA. The 18,783 SF store sits on a 2.2-acre parcel and delivers a current NOI of $157,464 with more than nine years of remaining lease term, scheduled rent increases, and a direct corporate guarantee from ALDI Inc. The absolute net structure means zero landlord responsibilities — taxes, insurance, and maintenance are entirely the tenant's obligation. This location ranks among the top-performing ALDI stores in Iowa and places within the top tier of ALDI locations nationwide per Placer.ai foot traffic data. The property is surrounded by dominant retail drivers including Coral Ridge Mall, Coral North, Costco, Walmart, and more — an established co-tenancy that continues to attract and sustain strong consumer traffic to the corridor.