Shopping Neighborhood

Aldi Anchored Retail Center

430 Oberlin Road, Elyria, OH 44035

Listing Price: $4,275,000

Cap Rate
7.00%
Gross SF
139,800
Rentable SF
139,800
Price/Gross SF
$30.58
Lot Size
30.00 acres
Year Built
1950

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for an ALDI-Anchored Retail Center located at 430 Oberlin Road in Elyria, Ohio. The subject property consists of three buildings with roughly 139,800 in rentable square feet of building space on an estimated 30.7-acre parcel of land and features a gas station that can be leased for more income.

Investment Highlights

  • Corporate Guarantee From ALDI Inc.
  • Very Low Price Per Square Foot - $30.58
  • Free-Standing Gas Station Included

Exclusively Listed By

  • Edward J. Nelson

    First Vice President Investments

    (916) 724-1326

    Email Edward

    License(s): CA: 01452610

    Sacramento

  • Jake Parker

    Associate

    Email Jake

    License(s): CA: 02082806

    Sacramento

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    License(s): OH: BRK.2007005898

    Ohio

Shopping Neighborhood

Aldi Anchored Retail Center

Listing Price: $4,275,000

Cap Rate
7.00%
Gross SF
139,800
Rentable SF
139,800
Price/Gross SF
$30.58
Lot Size
30.00 acres
Year Built
1950

Investment Highlights

  • Corporate Guarantee From ALDI Inc.
  • Very Low Price Per Square Foot - $30.58
  • Free-Standing Gas Station Included

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for an ALDI-Anchored Retail Center located at 430 Oberlin Road in Elyria, Ohio. The subject property consists of three buildings with roughly 139,800 in rentable square feet of building space on an estimated 30.7-acre parcel of land and features a gas station that can be leased for more income.

Exclusively Listed By

  • Edward J. Nelson

    First Vice President Investments

    (916) 724-1326

    Email Edward

    License(s): CA: 01452610

    Sacramento

  • Jake Parker

    Associate

    Email Jake

    License(s): CA: 02082806

    Sacramento

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    License(s): OH: BRK.2007005898

    Ohio

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