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ALDI, WSS-Occupied Retail Property Sells in Rialto
A two-tenant retail building occupied by ALDI grocery store and WSS shoe store in Rialto, CA, traded hands for $8,775,000. Built in 2018, the 31,271-square-foot building is located on 2.46 acres at 630-660 W. Foothill Blvd.
The buyer, an unnamed SoCal private investor, was represented by Marcus & Millichap’s Doug Cole. Hanley Investment Group Real Estate Advisors’ Bill Asher and Jeff Lefko, along with Progressive Real Estate Partners’ Greg Bedell handled the deal on behalf of the seller, a private Los Angeles partnership.
The new-construction building includes an 18,841-square foot ALDI store and a 12,430-square-foot WSS. The ALDI has a corporate-guaranteed long-term ground lease with fixed increases every five years and options to renew. WSS, which relocated from a smaller location in Rialto it had occupied for roughly 15 years, has a corporate-guaranteed long-term lease with fixed increases and options to renew.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition




