This Retail Property is no longer advertised on LoopNet.com.

1051 Crittenden Ct
Alpena, MI 49707
 Aldi · Retail Property For Sale

Retail Spaces Michigan Alpena 1051 Crittenden Ct, Alpena, MI 49707

Investment Highlights

  • Asking price of $1,985,000 (4.75% capitalization rate
  • New construction and the latest Aldi prototype
  • Lease Guaranteed by Aldi, Inc. (Michigan)
  • Brand-new 20 year groundlease
  • Planned opening in February of 2024
  • Rent increases by $5,000 annually in year 11 of the initial lease term.

Property Facts

Property Type
Retail
Building Size
20,192 SF
Building Class
B
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
2.28 AC
Zoning
C - Commercial
Parking
95 Spaces (4.7 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning
 

  • Listing ID: 29931439

  • Date on Market: 10/31/2023

  • Last Updated:

  • Address: 1051 Crittenden Ct, Alpena, MI 49707

The Retail Property at 1051 Crittenden Ct, Alpena, MI 49707 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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