SRS Real Estate Partners
Listed by SRS Real Estate Partners McLean, SRS Real Estate Partners
$4,310,000
Aldi - Richmond (Glen Allen) VA
Details
Property Type Retail
Sub Type Grocery Store
Square Footage 20,000
Cap Rate 4.35%
NOI $187,500
Occupancy 100%
Tenancy Single
Remaining Term 20
Rent Bumps Yes
Lease Options 6 (5-Year)
Price per SqFt $216
Acreage 2.770
Investment Type Net Lease
Ground Lease Yes
Retail | 4.35% CAP | 20,000 SqFt
Investment highlights
- Brand New 20-Year Lease | Corporate Guaranty | Established Tenant | Options To Extend
- Absolute NNN Ground Lease | Leased Fee Ownership | Zero Landlord Responsibilities
- Across From Target Anchored Center | Near Creeks at Virginia Centre | In Stony Run Commons
- Rare Richmond MSA Retail Opportunity | Glen Allen Submarket | High-Growth Corridor
- Signalized Intersection | Excellent Visibility & Access
- Local Demographics Within 5-mile Trade Area | Affluent AHHI
Listing Contacts
SRS Real Estate Partners
Listed by SRS Real Estate Partners McLean, SRS Real Estate Partners
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$187,500.00
$15,625.00/mo
Valuation Metrics
0
DSCR
4.35%
Cap Rate
4.35%
ROI
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Property History
Tax History
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