Listed by ParaSell Inc, Infinity Investment Properties
$5,890,000
3021 E Michigan Avenue
Details
Property Type Retail
Sub Type Restaurant
Square Footage 32,233
Cap Rate 4.74%
NOI $279,000
Brand/Tenant Aldi
Price per SqFt $183
Year Built 2022
Acreage 3.270
Ownership Aldi, Inc.
Aldi, Inc. | 4.74% CAP | 32,233 SqFt
Marketing description
Sale Price: $5,890,000
Cap Rate: 4.74%
Building Size: 32,233 SF
Lot Size: 3.27 AC
Parking Spaces: 151
Signage: Building Fascia & Multiple Nylon Signs
NOI: $279,000
Listing Contacts
Listed by ParaSell Inc, Infinity Investment Properties
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$279,000.00
$23,250.00/mo
Valuation Metrics
0
DSCR
4.74%
Cap Rate
4.74%
ROI
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