NEC of Crittenden Ct & M-32
Alpena, MI 49707
$1,985,000 USD
General Retail For Sale • 20,192 SF
Property Details
- Property Type General Retail
- Total Building Size 20,192 SF
- Lot Size 2.28 AC
- Building Class B
- Tenancy Single
- Zoning C
0
Transit Score
36
Walk Score
Highlights
| Asking price of $1,985,000 (4.75% capitalization rate |
| Brand-new 20 year groundlease |
| New construction and the latest Aldi prototype |
| Planned opening in February of 2024 |
| Lease Guaranteed by Aldi, Inc. (Michigan) |
| Rent increases by $5,000 annually in year 11 of the initial lease term. |
Amenities
- Air Conditioning
Parking Details
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 95 |
| Type: | Surface |
| Included in Rent: | Yes |
David Hesano
CBRE
David Hesano
CBRE