Aldi
Fastest-growing US grocer, adding 180+ stores in 2026 toward ~3,000+ (including converted Winn-Dixie/Harveys sites from the 2024 Southeastern Grocers deal). Aldi US has no public rating; leases are usually signed by the US operating entity and rely on the strength of the privately held German parent.
- US units
- 2,695
- Sep 2026 (approx.)
- 3Y net growth
- +17.2%
- vs. 2022 (approx.)
- Credit rating
- NR
- No public rating
- Typical term
- 10-15 yr
- NN / NNN
- Model
- Corporate
- Subsidiary of Aldi Süd
Unit count
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Aldi net lease FAQ
What is Aldi's credit rating?
Aldi does not carry a public S&P issuer credit rating (NR). Landlords underwrite it on unit-level performance, the guarantor named in the lease and, for public companies, reported financials.
How many Aldi locations are there in the US?
Aldi reported about 2,695 US locations as of Sep 2026 (approx.). That is +17.2% versus 2,300 in 2022 (approx.).
What does a typical Aldi net lease look like?
Lease type: NN / NNN. Initial term: 10-15 yr. Rent increases: 5-10% every 5 yr. These are market-typical terms; actual deals vary by vintage, location and whether the lease is corporate or franchisee-signed.
Is Aldi corporate or franchised?
Operating model: Corporate. Aldi is part of Aldi Süd. For net lease investors this determines whether rent is backed by the corporate parent or by a franchisee.