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Food Lion Properties For Sale 

    



Interested in Purchasing a Food Lion Property for Investment?

 

If you wish to purchase a Food Lion property for investment, please email  info@nnndeals.com; We have access to an extensive inventory of triple net Food Lion Properties for sale in Washington DC, Maryland, Virginia and the entire United States. 

 

 

 

Food Lion

 

 
Price: 

$3M - $7M


Lease Term
:

10 – 15 Years


Increases:
 
10% Every 5 years 
Lease Extensions: 20 – 40 Years  

Lease Type
:
Absolute NNN Lease and double net lease 

Lease
Guarantee: 

Corporate and Franchise
CAP Rate Ranges:
6% – 7%
Subsidiary
Industry Retail
Predecessor Food Town
Bloom
Founded 1983
Headquarters Salisbury, North Carolina, United States
Number of locations
1,100 stores (2015)[1]
Area served
Mid Atlantic,South Atlantic,Georgia,West Virginia
Key people
Meg Ham, President
Greg Finchum, Sr. Vice President
Karen Fernald, Sr. Vice President,
Products Grocery
Revenue US$17.3 billion
Parent Delhaize Group
Slogan "Easy, fresh and affordable... You can count on Food Lion... Every day"
Website www.foodlion.com

    

About Food Lion:

Food Lion LLC is agrocery store company headquartered in Salisbury, North Carolina,[2][3] that operates more than 1,100 supermarkets in 11 of the South-Eastern United States under the Food Lion banner. With approximately 48,000 employees,[4] Food Lion LLC is the largest subsidiary of Delhaize Group which acquired it in 1974.[5][6] 

With approximately 73,000 associates,[1] Food Lion LLC is the largest subsidiary of Delhaize Group. Delhaize Group is a food retailer headquartered in Belgium which operates in 7 countries. Delhaize Group was founded in Belgium in 1867. The principal activity of Delhaize Group is the operation of food supermarkets in North America, Europe and Southeast Asia. Supermarket News ranked Delhaize America No. 10 in the 2007 "Top 75 North American Food Retailers" based on 2006 fiscal year estimated sales of $17.3 billion.[2]

Food Lion was founded in 1957 in Salisbury, North Carolina as Food Town by Wilson Smith, Ralph Ketner, and Brown Ketner. The Food Lion name was adopted in 1983,[3] several years after Belgium-based grocer Delhaize acquired the Food Town company.[4] The name change, while puzzling for American customers, made economic and historic sense for Delhaize. Once known as "Delhaize Le Lion," the Belgian company was able to re-brand its new American subsidiary by changing just two letters on the "Food Town" signage.

 

Food Lion  Properties For Sale Across the United States:

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky,  Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey,  New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma,  Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Virgin Islands,  Washington, West Virginia,  Wisconsin,  Wyoming  



 

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