ALDI | 2323 N Amidon Ave
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ALDI 2323 N Amidon Ave
20,910 SF Retail Building Wichita, KS 67204 $4,071,257 CAD ($195 CAD/SF) 5.25% Cap Rate
Investment Highlights
- Store Size – The subject property is a single-tenant retail store with ±20,910 SF available for sale, the asking price is $2,872,190
- Investor Friendly Lease – ALDI currently operates at the current site under a double net lease with ±8.5 years remaining
- University Proximity – The subject property is located less than 4 miles from Wichita State University. In the Fall of 2024 WSU had record enrollment
- Dominant Retailer – ALDI operates over 2,000 stores in the U.S. and aims to exceed 14,000 globally by the end of 2024
- Retail Corridor – Aldi is approximately ±0.5 miles north of New Leaf Plaza, a Walmart Neighborhood Market anchored shopping center
- Strong Traffic Counts – Aldi captures Northbound and Southbound traffic along N Amidon Ave with north of ±16,000 VPD.
Executive Summary
Broker of Record
Kyle Matthews
License No. #CO00002672 (KS)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Kyle Matthews
License No. #CO00002672 (KS)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Supermarket
Building Size
20,910 SF
Building Class
C
Year Built/Renovated
1966/2018
Price
$4,071,257 CAD
Price Per SF
$195 CAD
Cap Rate
5.25%
NOI
$213,741 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
1.80 AC
Zoning
LC - Limited Commercial
Parking
65 Spaces
Frontage
213 ft on North Amidon Avenue
Amenities
- Wheelchair Accessible
- Air Conditioning
Walk Score ®
Very Walkable (76)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 123-06-0-34-01-016.06 | Improvements Assessment | $312,608 CAD |
Land Assessment | $54,990 CAD | Total Assessment | $367,598 CAD |
PROPERTY TAXES
Parcel Number
123-06-0-34-01-016.06
Land Assessment
$54,990 CAD
Improvements Assessment
$312,608 CAD
Total Assessment
$367,598 CAD
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ALDI | 2323 N Amidon Ave
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