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| Price $1,213,000 | Built/Renov 2005 | Tenant Advance Auto Parts - DUPE |
| Cap Rate 6.50% | Lease Type
NN+ | Guarantor Corp T and Rated |
| Size/SF
7,000
| Lease Start
03-28-2005
| #Units
5,086
|
| Price/SF $173.29 | Expiration
12-31-2029
| Tenant Type Automotive |
| NOI $78,840 | R. Term 5.1 | Ownership Fee Simple |
| Rent/SF
$11.26
| Increases 10.0%/6/yrs | Pop 5Mi 324,367 |
| Lot/AC 0.82 | Options 3/5yrs/10% | AHHI 5Mi $48,253 |
| | |
Advance Auto Parts is strategically located on Broadway Ave, with access to 18,400 vehicles passing by daily. The immediate area is surrounded by well-known national retailers such as Auto Zone, Pizza Hut, Dollar General, Burger King, Papa John’s Pizza, and more. The 5-mile trade area is supported by a population of 324,367 residents, with an average household income of $48,253. Cleveland is a...
...In location for years
Near major nationals
Strategically located
Dense 200M+ pop 5 mi
Top 100 MSA
Long operation history
Recently extended lease
Traded and rated company
Over 2000 units backed
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. Founded in 1932, Advance now...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 11,697 | 96,187 | 323,929 |
| 2023 Total Population : | 11,948 | 97,549 | 325,742 |
| 2023 Employed Civilian Pop : | 4,314 | 36,477 | 143,575 |
| 2023 Total Businesses : | 384 | 2,730 | 14,287 |
| 2023 Average Household Income : | $ 40,907 | $ 46,465 | $ 67,489 |
| 2023 Total Consumer Spending : | $ 182 M | $ 1752 M | $ 8669 M |
| 2023 Median Age : | 35 | 37 | 38 |
| 2023 Total Households : | 5,032 | 42,622 | 146,433 |
| 2023 Pop Age 25+: Bachelor's Degree : | 469 | 5,600 | 34,081 |
| 2023 Average Home Value : | $ 102,337 | $ 130,738 | $ 178,204 |
St. Louis, MO
Cap Rate 7.25%
Lease Abs NNN
R. Term 8.90 yrs
Size/SF 8,000
Batesburg-Leesville, SC
Cap Rate 5.75%
Lease Double NN
R. Term 8.11 yrs
Size/SF 7,000
Indianapolis, IN
Cap Rate 7.25%
Lease Abs NNN
R. Term 10.80 yrs
Size/SF 2,389
Bryant, AR
Cap Rate 6.00%
Lease Abs NNN
R. Term 14.00 yrs
Size/SF 4,850
Warsaw, IN
Cap Rate 6.65%
Lease NN+
R. Term 10.20 yrs
Size/SF 7,000
Columbia, SC
Cap Rate 5.50%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 2,015
Akron, OH
Cap Rate 7.00%
Lease Double NN
R. Term 0.11 yrs
Size/SF 10,678
Mineral Wells, TX
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 4,800
Pineville, LA
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 1,421
Mansfield, OH
Cap Rate 7.10%
Lease Double NN
R. Term 8.11 yrs
Size/SF 14,412
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
