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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

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)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Planet Fitness
Walmart Neighborhood Market
Starbucks
Huddle House
Dillons
Fidelity Bank
ALDI

PROPERTY TAXES

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
  • Listing ID: 34082192

  • Date on Market: 2024-12-04

  • Last Updated:

  • Address: 2323 N Amidon Ave, Wichita, KS 67204

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