The subject property is a 16,399 SF freestanding condo interest ALDI. The site is the anchor tenant within Hartford Centre and is located in one of the main retail corridors in Hartford, WI. ALDI is near several national retailers such as Starbucks, McDonald’s, Jimmy John’s, Kwik Trip, Anytime Fitness, Super 8, Wyndham, and more. ALDI has excellent visibility and great access on E Sumner St with 22,900 VPD and is directly adjacent to multiple hotels with over 75+ rooms.
This is a long-term lease with limited landlord responsibilities with an early lease extension option exercised in 2019, proving a long-term commitment to the site. There are ±6 years remaining on the initial term, four 5-year renewal options, and 5% increase every 5 years in option periods.
The tenant is a privately owned company with over 2,000+ stores and a dominant brand with over 40MM customers each month.
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