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| Price $1,874,075 | Built/Renov 2013 | Tenant Advance Auto Parts |
| Cap Rate 6.75% | Lease Type
NN+ | Guarantor Corp T and Rated |
| Size/SF
6,895
| Lease Start
12-01-2013
| #Units
5,105
|
| Price/SF $271.80 | Expiration
11-30-2028
| Tenant Type Automotive |
| NOI $126,500 | R. Term 4.2 | Ownership Fee Simple |
| Rent/SF
$18.35
| Increases 10.0%/4/yrs | Pop 5Mi 28,455 |
| Lot/AC 0.00 | Options 3/5yrs/10% | AHHI 5Mi $100,197 |
| | |
Advance Auto Parts is strategically located at the signalized, hard corner intersection of Fair Street and Court Street, the primary commercial corridor, with access to a combined daily traffic count of 24,500 vehicles. The property is part of Faircourt Plaza and benefits from its prominent location along Court Street/US Route 3 Business in Laconia’s downtown/business district. The immediate...
...Signalized intersection
Hard corner intersection
Near major nationals
Strong tenant synergy
Top 100 MSA
Affluent AHHI $100K 5 Mi
Income tax free state
Favorable NN+ lease
Traded and rated company
Investment grade tenant
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 | |
| 2028 Total Population : | 8,353 | 19,433 | 28,086 |
| 2023 Total Population : | 8,247 | 19,154 | 27,777 |
| 2023 Employed Civilian Pop : | 4,588 | 10,310 | 14,729 |
| 2023 Total Businesses : | 504 | 1,191 | 1,582 |
| 2023 Average Household Income : | $ 76,314 | $ 92,804 | $ 105,145 |
| 2023 Total Consumer Spending : | $ 243 M | $ 670 M | $ 1104 M |
| 2023 Median Age : | 40 | 44 | 46 |
| 2023 Total Households : | 3,677 | 8,337 | 12,134 |
| 2023 Pop Age 25+: Bachelor's Degree : | 954 | 2,546 | 3,887 |
| 2023 Average Home Value : | $ 241,207 | $ 282,087 | $ 309,638 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Court Street | Bowman St | 2019 | 14,110 | 0.05 mi |
| Fair St | Charles St | 2020 | 434 | 0.06 mi |
| Clay St | Cook Ct | 2020 | 434 | 0.06 mi |
| Cook Ct | Monroe St | 2020 | 434 | 0.07 mi |
| Pearl St | Court St | 2020 | 434 | 0.08 mi |
| Bowman St | Court St | 2020 | 434 | 0.08 mi |
| Monroe St | Lawrence Ct | 2020 | 434 | 0.09 mi |
| Bay Street | Charles St | 2019 | 514 | 0.11 mi |
| Court Street | Bowman St | 2022 | 12,884 | 0.11 mi |
| NH 11A | 2021 | 14,190 | 0.11 mi |
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
