• S&P 500: 6173.07 +32.05 +0.52%

    Dow 30: 43819.27 +432.43 +1%

    Nasdaq: 22740.25 +71.00 +0.31%

    Bloomberg Barclay High Yield: 0 0.00 %

    JP Morgan Emerging Market Bonds: 92.1

    Bloomberg Barclays Muni Index: 44.57

    Crude Oil: 65.07 -0.17 -0.26%

    Gold: 3286.1 -61.90 -1.85%

    Copper: 5.066 0.00 %

  • US 5-Yr Treasury: 3.8279998 +0.03

    US 10-Yr Treasury: 4.283 +0.03 +0.71%

    US 30-Yr Treasury: +0.03 +0.62%

    Federal Discount Rate: 4.50%

Property ID: 28545

Kroger


City: Ypsilanti

State: MI

Date Added 02/09/2023 Date Updated 02/09/2023

FINANCIAL PROFILE

  • Price $4,500,000
  • NOI $316,943
  • Cap Rate 7.00%
  • Price PSF N/A
  • Rent PSF N/A

PROPERTY OVERVIEW

  • Type of Ownership
  • Year Built
  • Year Remodeled
  • Gross Leasable Area (GLA)
  • Building Size (SFT)
  • Lot AC
  • Tenancy

LEASE ABSTRACT

  • Lease Type NNN
  • Years Remaining 5
  • Guarantor Corporate
  • Initial Term Increases
  • Initial Term Lease Begin
  • Initial Term Lease Expiration
  • Renewal Options
  • Option Increases
  • Rent Holidays

DEMOGRAPHICS

Population

1-Mile 3-Mile 5-Mile
7222 56301 120860

Average Household Income

1-Mile 3-Mile 5-Mile
N/A N/A N/A

VEHICLES PER DAY

COMPANY

The Kroger Co. is one of the world’s largest grocery retailers, with fiscal 2014 sales of $108.5 billion. The Kroger Co. Family of Stores spans many states with store formats that include grocery and multi-department stores, discount, convenience stores and jewelry stores. the company operates under nearly two dozen banners, all of which share the same belief in building strong local ties and brand loyalty with our customers. One of the world’s largest retailers, Kroger employs nearly 400,000 associates who serve customers in 2,625 supermarkets and multi-department stores in 34 states and the District of Columbia under two dozen local banner names including Kroger, City Market, Dillons, Food 4 Less, Fred Meyer, Fry’s, Harris Teeter, Jay C, King Soopers, QFC, Ralphs and Smith’s. The company also operates 782 convenience stores, 326 fine jewelry stores, 1,330 supermarket fuel centers and 37 food processing plants in the U.S. Recognized by Forbes as the most generous company in America, Kroger supports hunger relief, breast cancer awareness, the military and their families, and more than 30,000 schools and community organizations. Kroger contributes food and funds equal to 200 million meals a year through more than 80 Feeding America food bank partners. A leader in supplier diversity, Kroger is a proud member of the Billion Dollar Roundtable and the U.S. Hispanic Chamber’s Million Dollar Club.

LOCATION

'