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| Price $1,153,385 | Built/Renov 2005 | Tenant Advance Auto Parts |
| Cap Rate 6.50% | Lease Type
NN+ | Guarantor Corp T and Rated |
| Size/SF
7,000
| Lease Start
08-01-2005
| #Units
5,105
|
| Price/SF $164.77 | Expiration
12-31-2034
| Tenant Type Automotive |
| NOI $74,970 | R. Term 10.3 | Ownership Fee Simple |
| Rent/SF
$10.71
| Increases 0.0%/0/yrs | Pop 5Mi 37,576 |
| Lot/AC 0.83 | Options 3/5yrs/21% | AHHI 5Mi $98,299 |
| | |
Advance Auto Parts is strategically located on N Detroit Street, with access to 22,600 vehicles passing by daily. The property is conveniently situated near US Highway 30, which sees over 30,000 VPD, ensuring excellent visibility and accessibility. The surrounding area features prominent national retailers such as Meijer, Lowe’s, Walmart, Menards, Starbucks, Buffalo Wild Wings, and more....
...Build to suit
In location for years
Near major nationals
Highway close
Affluent suburb location
Recently extended lease
Store sales reported
Favorable NN+ lease
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...
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
