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| Price $2,200,000 | Built/Renov 2005 | Tenant Advance Auto Parts |
| Cap Rate 7.06% | Lease Type
Double NN | Guarantor Corp T and Rated |
| Size/SF
8,036
| Lease Start
04-01-2006
| #Units
5,105
|
| Price/SF $273.77 | Expiration
03-31-2025
| Tenant Type Automotive |
| NOI $155,254 | R. Term 0.3 | Ownership Fee Simple |
| Rent/SF
$19.32
| Increases 5.0%/1/yrs | Pop 5Mi 102,379 |
| Lot/AC 0.93 | Options 3/5yrs/5% | AHHI 5Mi $119,786 |
| | |
Advance Auto Parts is strategically located on Broadway Avenue S, with access to 26,000 vehicles passing by daily. The property is positioned two blocks from the planned Graham Park redevelopment project and is surrounded by well-known national tenants, including Walgreens, Chick-fil-A, Aldi, Domino's, O'Reilly Auto Parts, and more. The 5-mile trade area is supported by a population of 102,379...
...New roof
Major thoroughfare
Dense retail corridor
Strategically located
Strong demographics
Major MSA
New development zone
Long operation history
Traded and rated company
Corporate Guarantee
Advance Auto Parts, Inc. (Advance) is an American automotive aftermarket parts provider that serves both professional installers and do-it-yourself (DIY) customers. Advance is a publicly traded...
| 1 Miles | 3 Miles | 5 Miles | |
| 2029 Total Population : | 9,668 | 58,651 | 107,740 |
| 2024 Total Population : | 9,517 | 57,120 | 105,245 |
| 2024 Employed Civilian Pop : | 5,107 | 30,312 | 56,655 |
| 2024 Total Businesses : | 338 | 2,582 | 4,026 |
| 2024 Average Household Income : | $ 90,105 | $ 116,969 | $ 122,834 |
| 2024 Total Consumer Spending : | $ 305 M | $ 2559 M | $ 4738 M |
| 2024 Median Age : | 37 | 37 | 38 |
| 2024 Total Households : | 3,840 | 25,039 | 44,278 |
| 2024 Pop Age 25+: Bachelor's Degree : | 1,518 | 10,086 | 19,535 |
| 2024 Average Home Value : | $ 292,082 | $ 383,660 | $ 397,937 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| South Broadway Avenue | 18th St SE | 2018 | 23,100 | 0.04 mi |
| S Broadway Ave | 17th St SE | 2006 | 27,000 | 0.14 mi |
| 18th St SE | 3rd Ave SE | 2006 | 9,600 | 0.17 mi |
| 20th St SW | 1st Ave SW | 2018 | 5,200 | 0.26 mi |
| 16th Street Southeast | Arena Dr SE | 2018 | 9,500 | 0.26 mi |
| 2nd Ave SE | 16th St SE | 2006 | 9,000 | 0.26 mi |
| S Broadway Ave | 16th St SE | 2006 | 22,900 | 0.28 mi |
| 21st St SW | 1st Ave SW | 2006 | 25,500 | 0.33 mi |
| Arena Dr SE | 3rd Ave SE | 2006 | 10,800 | 0.37 mi |
| 16th St SE | 5th Ave SE | 2018 | 9,000 | 0.41 mi |
Jasper, TX
Cap Rate 6.50%
Lease Abs NNN
R. Term 8.11 yrs
Size/SF 5,396
Mount Ephraim, NJ
Cap Rate 6.40%
Lease NN+
R. Term 15.30 yrs
Size/SF 7,128
Charleston, WV
Cap Rate 7.00%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 1,300
Mount Vernon, IL
Cap Rate 6.25%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 1,627
Madison, AL
Cap Rate 6.65%
Lease Abs NNN
R. Term 13.90 yrs
Size/SF 1,663
Harrisburg, PA
Cap Rate 6.75%
Lease Abs NNN
R. Term 14.70 yrs
Size/SF 1,619
Jasper, TX
Cap Rate 6.50%
Lease Abs NNN
R. Term 9.20 yrs
Size/SF 5,396
Allentown, PA
Cap Rate 6.57%
Lease Abs NNN
R. Term 16.60 yrs
Size/SF 9,745
Woodstock, GA
Cap Rate 7.25%
Lease Abs NNN
R. Term 4.90 yrs
Size/SF 5,328
Duluth, GA
Cap Rate 6.19%
Lease Double NN
R. Term 13.00 yrs
Size/SF 9,603
Woodstock, GA
Cap Rate 6.75%
Lease Abs NNN
R. Term 13.11 yrs
Size/SF 1,725
Louisville, KY
Cap Rate 6.50%
Lease Abs NNN
R. Term 13.90 yrs
Size/SF 1,609
Des Plaines, IL
Cap Rate 6.65%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 1,700
Marion, IL
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 1,760
Stockbridge, GA
Cap Rate 6.50%
Lease Abs NNN
R. Term 17.50 yrs
Size/SF 3,754
Champaign, IL
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 1,372
Covington, LA
Cap Rate 6.15%
Lease Abs NNN
R. Term 11.20 yrs
Size/SF 4,732
Derby, KS
Cap Rate 6.75%
Lease Abs NNN
R. Term 13.50 yrs
Size/SF 1,770
Murphy, NC
Cap Rate 7.00%
Lease Abs NNN
R. Term 14.11 yrs
Size/SF 2,065
Hammond, LA
Cap Rate 6.15%
Lease Abs NNN
R. Term 11.20 yrs
Size/SF 4,732
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
