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Aldi - Tampa (Riverview) FL 10220 Big Bend Rd 25,591 SF Retail Building Riverview, FL 33578 $4,648,000 ($181.63/SF) 4% Cap Rate
INVESTMENT HIGHLIGHTS
- Corporate Guaranteed Ground Lease | Options To Extend | Scheduled Rent Increases
- Signalized, Hard Corner Intersection | Main Retail Trade Area |Summerfield Crossings | Off I-75 (147,000 VPD) | New Developments
- New Developments - Riverview, FL
- Absolute NNN Ground Lease | Leased Fee Ownership | No State Income Tax | Zero Landlord Responsibilities
- Strong Demographics In 5-mile Trade Area
- ALDI - Massive Expansion Planned For Coming Years
EXECUTIVE SUMMARY
• 14 years remain on this corporately guaranteed lease with 6 (5-year) options to extend
• There are currently over 2,470 ALDI stores in the United States
• There are currently over 2,470 ALDI stores in the United States
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Building Size
25,591 SF
Building Class
B
Year Built
2019
Price
$4,648,000
Price Per SF
$181.63
Cap Rate
4%
NOI
$185,900
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
2.12 AC
Zoning
PD - Planned Development
Frontage
257’ on Big Bend Road
AMENITIES
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | U-07-31-20-ZZZ-000003-12460.0 | Improvements Assessment | $3,765,155 |
| Land Assessment | $2,073,345 | Total Assessment | $5,838,500 |
PROPERTY TAXES
Parcel Number
U-07-31-20-ZZZ-000003-12460.0
Land Assessment
$2,073,345
Improvements Assessment
$3,765,155
Total Assessment
$5,838,500
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Aldi - Tampa (Riverview) FL | 10220 Big Bend Rd
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