3021 E Michigan Ave
Aldi-leased retail property at 3021 E Michigan Ave in Jackson, Michigan, offered at $5,890,000 with a 4.74% cap rate on $279,000 NOI. The single-story, 32,233 SF building was built in 2022 and sits on a 3.27-acre lot.
The site has 151 parking spaces. Signage includes the building fascia and multiple pylon signs, which gives the tenant good visibility from E Michigan Ave. The property is a single building with Aldi, Inc. listed as the owner of record.
- Aldi, Inc. tenant
- $279,000 NOI at a 4.74% cap rate
- 32,233 SF building constructed in 2022
- 3.27-acre lot with 151 parking spaces
- Fascia signage and multiple pylon signs
More property details
About this property
This investment property leased to Aldi, Inc. is offered at $5,890,000 and features a 32,233-square-foot building situated on a 3.27-acre lot. The property generates an annual net operating income (NOI) of $279,000, reflecting a 4.74% capitalization rate. Additional highlights include 151 parking spaces and prominent signage opportunities along the building fascia and multiple pylon signs, offering strong visibility for the tenant.
Location & transit
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