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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key facts

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Property description

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer for sale the ground lease interest in brand new 2022 construction Chase Bank and Aldi (the “Property” or “Asset”) located just off Interstate-95 (88K VPD) in Branford, Connecticut. Chase Bank is a subsidiary of the largest banking holding company in the United States and carries and outstanding A+ credit rating from S&P. Aldi is a market leading grocer and one of the fastest growing retailers in America that serves more than 40 million customers each month. Both tenants are expected to commence rent at the beginning of Q2-2022 and will operate on triple-net ground leases with a full 20 years of primary lease term and attractive rental increases. This offering presents the unique opportunity to acquire a long-term investment leased to two of the top net lease tenants in a high-quality and growing submarket of Branford, Connecticut.

Investment highlights

  • Two-property Aldi and Chase Bank portfolio
  • Brand new 2022 construction
  • Full 20 years of lease term remaining
  • Directly across the street from Walmart Supercenter
  • Optimal visibility and accessibility along W. Main Street (30K VPD)
  • Near interstate-95 (88K VPD)
  • ~$100k average household income within 5-mile radius
Last Updated Date: 01 Feb 2022

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Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

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Last Updated Date: 01 Feb 2022

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The value of trust beneficiary rights fluctuates due to fluctuations in the price of real estate, and there is a risk of falling beyond the investment principal. Real estate prices are fluctuated by changes in the population of the area in which they are located and the number of newly supplied properties, fluctuations in interest rates and exchange rates, changes of tax system, loss/damage due to natural disasters such as earthquakes, deterioration over time, and the discovery of hidden defects such as soil pollution.

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