ALDI

• Corporate-Backed ALDI Lease — The property is leased to ALDI Corporate, providing investors with nationally recognized grocery tenancy and strong corporate credit backing the lease.
• ±63,632 SF Grocery-Anchored Investment — The offering consists exclusively of the ±63,632 SF ALDI situated on approximately 6.54 acres within Algiers Plaza.
• Recently Renovated in 2025 — Originally constructed in 1991 and renovated in 2025, the property benefits from significant recent improvements including a brand new AC unit and new roof.
• Located Within ±227,814 SF Algiers Plaza — ALDI benefits from its position within one of the area’s established retail destinations, surrounded by national tenants including Burlington, Ross, TJ Maxx, Five Below, Petco, Walgreens, Buffalo Wild Wings, and Chick-fil-A.
• Dominant National Retail Lineup Drives Cross-Shopping — The surrounding concentration of grocery, discount retail, restaurants, pet supply, pharmacy, and daily-needs uses generates consistent consumer traffic and reinforces ALDI’s position within the trade area.
• High-Visibility General De Gaulle Drive Location — The property benefits from approximately 65,200 vehicles per day along General De Gaulle Drive, with additional traffic along MacArthur Boulevard and multiple points of access serving Algiers Plaza.
• Strategic New Orleans Location — Approximately 5 miles from Downtown New Orleans, 7 miles from the French Quarter, and less than 20 miles from Louis Armstrong New Orleans International Airport.
• Large ±6.54-Acre Parcel — The substantial land component provides ALDI with ample parking, convenient customer access, and a large-format grocery footprint within an established commercial corridor.