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| Price $2,750,000 $2,750,000 | Built/Renov 2022 | Tenant Aldi (GL) |
| Cap Rate 4.00% 4.00% | Lease Type
NN+ | Guarantor Corporate |
| Size/SF
19,300
| Lease Start
01-01-2022
| #Units
6,816
|
| Price/SF $142.49 $142.49 | Expiration
08-31-2042
| Tenant Type Grocery |
| NOI $110,000 | R. Term 17.8 | Ownership Ground Lease |
| Rent/SF
$5.70
| Increases 7.5%/5/yrs | Pop 5Mi 37,481 |
| Lot/AC 2.30 | Options 4/5yrs/7.5% | AHHI 5Mi $60,642 |
| | |
ALDI is the grocery anchor to a brand-new shopping center (Triangle Crossing) which includes additional anchor tenants Marshalls, ULTA and PetSmart. Located in Starkville, MS, less than 2.5 miles from Mississippi State University, the subject property benefits from its proximity to the 23,000+ students that are enrolled at the university along with its positioning on the area’s main...
...New construction
New prototype
Near major nationals
Shopping Ctr out-parcel
Highway location
University college close
Strong tenant synergy
Long 20+ yr lease
Favorable NN+ lease
Corporate Guarantee
| 1 Miles | 3 Miles | 5 Miles | |
| 2027 Total Population : | 9,469 | 32,735 | 40,087 |
| 2022 Total Population : | 9,511 | 32,715 | 39,747 |
| 2022 Employed Civilian Pop : | 3,844 | 13,739 | 16,794 |
| 2022 Total Businesses : | 619 | 1,387 | 1,478 |
| 2022 Average Household Income : | $ 55,071 | $ 64,089 | $ 66,409 |
| 2022 Total Consumer Spending : | $ 166 M | $ 718 M | $ 935 M |
| 2022 Median Age : | 23 | 25 | 25 |
| 2022 Total Households : | 3,425 | 12,807 | 16,065 |
| 2022 Pop Age 25+: Bachelor's Degree : | 784 | 3,770 | 4,620 |
| 2022 Average Home Value : | $ 297,568 | $ 237,255 | $ 240,543 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Hwy 12 E | Blackjack Rd | 2018 | 25,000 | 0.04 mi |
| Blackjack Road | Hoover Dr | 2018 | 15,000 | 0.09 mi |
| Hwy 12 E | Spring St | 2006 | 25,000 | 0.14 mi |
| Blackjack Rd | Hoover Dr | 2018 | 13,000 | 0.23 mi |
| East Gillespie Street | Russell St | 2018 | 3,700 | 0.25 mi |
| Hwy 12 E | S Montgomery St | 2006 | 25,000 | 0.29 mi |
| Russell Street | Spring St | 2018 | 4,100 | 0.30 mi |
| Russell Street | Planters Row | 2018 | 6,700 | 0.30 mi |
| Hwy 12 E | 2018 | 8,800 | 0.30 mi | |
| Russell St | Maxwell St | 2006 | 8,500 | 0.33 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
