Closed Deal

Property:
ALDI-20 YR NN+
Address:
8100 Cleveland Ave NW, Canton, OH 44720
Representation:
Seller
Deal Type:
Investment Sale
AGENTS
Austin Loconti
David Stein

Deal Highlights

Passov Group represented the owner in selling a20 YR NN+ Aldi Inc. (Ohio) guaranteed lease. Our team executed the deal at a 5.0% cap rate and at the highest price point ever sold for an Aldi property in the state of OH ($4,066,000). We secured our buyer with short DD timeframe and in a 1031 exchange.