Hartford (Milwaukee MSA), WI
Price: $3,420,000
Cap Rate: 5.0%
Status: AVAILABLE

Aldi-Hartford,WI-Main
Aldi-Hartford,WI-4
Aldi-Hartford,WI-3
Aldi-Hartford,WI-Aerial
Aldi-Hartford,WI-Aerial-2
Aldi-Hartford,WI-Main Aldi-Hartford,WI-4 Aldi-Hartford,WI-3 Aldi-Hartford,WI-Aerial Aldi-Hartford,WI-Aerial-2

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Blue West Capital is pleased to present the opportunity to acquire a condo interest in the ALDI located at 1589 E Sumner Street in Hartford, Wisconsin.​  The 16,399 square foot building is located within the Milwaukee MSA and 100% leased to nationally recognized ALDI, Inc.​  ALDI has made many headlines as they are quickly expanding within the United States.​

  • Long term lease with ALDI, Inc., an essential grocery tenant and one of the fastest growing grocery retailers in the country

  • Rental Escalations of 5% every five years, beginning in their first option period

  • ALDI renewed for ten years during the middle of the COVID-19 pandemic and plans to invest significant capital into a store renovation this year (2021)

  • Excellent accessibility and visibility, with its position just off of Interstate 41 and along the major thoroughfare, Highway 60

  • Limited Landlord responsibilities (roof and structure)

  • Premium high-end construction that is aesthetically appealing

  • Upper middle-income & growing demographic base:  $87,000 average household income within 5 miles
  • Free & Clear

OFFERING SUMMARY

Price: $3,420,000
Cap Rate: 5.0%

Building Size: 16,399 SF
Occupancy:
100%

INVESTMENT CONTACT

CARLY KELLY
Director
Investment Sales
720.828.6290
Carly@BlueWestCapital.com

SHAWN DICKMANN
Associate
Investment Sales
720.828.8310
Shawn@BlueWestCapital.com

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2022-05-05T14:17:45-07:00
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