OFFERING SUMMARY - LoopNet
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ALDI - Sunrise, FL OFFERING SUMMARY $4,273,809 | 4.20% CAP www.horizonpropertiesfl.com PARTNER JORGE ALVARINO jalvarino@horizonpropertiesfl.com (305) 364-9945 PARTNER JOEL BENES jbenes@horizonpropertiesfl.com (305) 364-9945
Transcript of OFFERING SUMMARY - LoopNet
ALDI - Sunrise, FLOFFERING SUMMARY
$4,273,809 | 4.20% CAP
www.horizonpropertiesfl.com
PARTNERJORGE ALVARINO
[email protected](305) 364-9945
PARTNERJOEL BENES
[email protected](305) 364-9945
ALDI - Sunrise, FL
KEY HIGHLIGHTS
8075 W Oakland Park Blvd | Sunrise, FL 33351
PROPERT Y SUMMARY
RENT SCHEDULELEASE YEARS ANNUAL RENT RETURN
01-05 $179,500.00 4.25%
06-10 $192,962.50 4.57%
11-15 $207,434.68 4.91%
16-20 $222,992.28 5.30%
21-25 (Option Term) $239,716.70 5.70%
26-30 (Option Term) $257,695.45 6.01%
20 Year Net Ground Lease - Rent increases scheduled every 5 years
beginning year 6.
Out parcel to 235 new garden style apartments coming soon.
Traffic count exceeds 100,000 VPD at the intersection.
Located in densely populated Sunrise, Fl. Sub market.
No State income tax in Florida
New Aldi store under construction in the South Florida Metro Area
Tenant Aldi Guarantee Aldi (Florida) LLC Asking Price $4,273,809Cap Rate 4.20%
Address 8075 W. Oakland Park Blvd. Sunrise, FL. 33351
Building Size 19,247 SFParcel Size 1.77 Acres Annual Rent $179,500.00 Year 1.Lease Term 20 years Lease Type Absolute Net Ground LeaseCommencement January 1, 2019 Expiration December 31, 2038
Increases 7.5% every 5 years beginning year 6.
Options (4) 5-year optionsLandlord Responsibilities None
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ALDI - Sunrise, FL
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±2,370,610 SF GLA | ± 329 STORES
±1,000,000 SF GLA | ±125 STORES
Lakes of EnvironCONDOMINIUM COMPLEX
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ALDI - Sunrise, FL
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235 APARTMENTS COMING SOON
SITE PLAN
SITE PLAN
TENANT OVERVIEW
ALDI - Sunrise, FL8075 W Oakland Park Blvd | Sunrise, FL 33351
For over 40 years, ALDI US has stuck to the same guiding principle: Great quality shouldn’t come at a high price; rather, great quality should come with everyday low prices.Founded by the Albrecht family, the first ALDI store opened in 1961 in Germany, making ALDI the first discounter in the world. Headquartered in Batavia, Illinois, ALDI now has more than 1,900 stores across 36 states, employs over 25,000 people and has been steadily growing since opening its first US store in Iowa in 1976.
Number of locations more than 1,900 stores
across 36 states
Over the past decade, ALDI nearly doubled in size and by 2022, ALDI will bring its total number of US stores
to nearly 2,500.
More than 40 million customers every month have discovered that
they can save time and money without sacrificing quality
More than 90 percent of what you find in stores is exclusive
brand product
90%
West Palm Beach
Fort LauderdaleFort Lauderdale
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95
95
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195
924
874
112
82627
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27
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75
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A1A
Sunrise
DORAL
MIAMI-DADE
BrowardBroward TamaracTamarac
SunriseSunrise
Southwest RanchesSouthwest Ranches
DavieDavieDania BeachDania Beach
WestonWeston
Pembroke PinesPembroke Pines
Hallandale BeachHallandale Beach
Oakland ParkOakland Park
MiramarMiramar
Pompano BeachPompano Beach
Deerfield BeachDeerfield Beach
Coral SpringsCoral Springs
HOMESTEAD
Miami BeachMIAMI
Hialeah
Miami LakesAventura
Kendall
ALDI - Sunrise, FL8075 W Oakland Park Blvd | Sunrise, FL 33351
SUNRISE OVERVIEW
Sunrise is conveniently situated in the heart of South Florida’s tri-county
region (Miami- Dade, Broward and Palm Beach).
Bordered by I-595, I-75 and the Sawgrass Expressway - and easily accessible via Florida’s Turnpike
Sunrise offers links to three international airports and three seaports
Sunrise is the hub of western Broward County and is just one of the many places outside of
downtown creating mini-urban cores.
75
595
ALDI
FORTLAUDERDALE
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DEMOGRAPHICS1-Mile 3-Mile 5-Mile
Population: 21,429 197,917 434,869Households: 9,477 80,389 169,040Median HH Income: $39,067 $47,042 $49,041
