Aldi will build its 17,000-square-foot store at Poinsett Street and Mt. Vernon Road.
Some site preparation will be needed for the 1.9-acre site that formerly housed the D & D Motors used car lot.
Aldi will be on prime real estate fronting Wade Hampton Blvd. and at the intersection of Poinsett with Mt. Vernon Road serving the entry point to the grocery store.
The store will occupy 1.9 acres of the 7.9-acre parcel. The remaining six acres will be developed later.
Construction will begin in mid-March and the store is tentatively scheduled for a fourth-quarter opening.
Jeff Howell, an agent with Langston-Black Real Estate, closed the deal with Aldi on Monday.
“There’s no better site in Greer to have property,” Howell said. “Aldi has been looking at the property for the past several years and began to talk about acquiring the property last year.”
The main entry into the property will be from Mt. Vernon Road. The storefront will face Wade Hampton Blvd.
Aldi is a global discount supermarket chain based in Germany with more than 1,300 stores in 32 states. It has more than 9,000-storers globally.
The store is noted for affordable and Aldi-brand products. Customers pay for shopping cart rental and shopping bags or shoppers can bring their own bags. The store does not accept checks credit cards or the Women, Infants and Children program (WIC).
Aldi, from Albrecht Discount, are owned by grocery-store giants Karl and Theo Albrecht. Trader Joe’s is part of the brand. Karl was the richest person in Germany with an estimated $25.9 billion fortune before he died at age 94 last year. Theo was kidnapped in 1971 and the hostage-takers received seven deutsche marks ($25 million) in ransom.
Stores in greater Greer are in Taylors, Spartanburg and two in Greenville.