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ALDI | Ground Lease 200 Lafayette Ave 20,664 SF Retail Building Moundsville, WV 26041 $2,950,000 ($142.76/SF) 5% Cap Rate
INVESTMENT HIGHLIGHTS
- Absolute net ground lease | Zero landlord responsibilities
- Corporate lease | ALDI, Inc. | 2,567 locations across the U.S.
- Strategically located adjacent to a high-performing Walmart Supercenter
- Desirable lease term | 18 years remaining
- Excellent visibility & access from Lafayette Ave | 18,463 VPD
- Large parcel | 2.08 acres
EXECUTIVE SUMMARY
Ransome Foose and Carl Brendes of Berkeley Capital Advisors are pleased to present for sale ALDI Ground Lease in Moundsville, WV. We welcome your review of this attractive investment.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Freestanding
Building Size
20,664 SF
Year Built
2023
Price
$2,950,000
Price Per SF
$142.76
Cap Rate
5%
NOI
$147,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
2.08 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
89 Spaces (4.31 Spaces per 1,000 SF Leased)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 11-7-00030002 | Improvements Assessment | $607,740 |
| Land Assessment | $177,430 | Total Assessment | $785,170 |
PROPERTY TAXES
Parcel Number
11-7-00030002
Land Assessment
$177,430
Improvements Assessment
$607,740
Total Assessment
$785,170
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ALDI | Ground Lease | 200 Lafayette Ave
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