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| Price $1,300,000 | Built/Renov 1999 | Tenant Advance Auto Parts (GL) |
| Cap Rate 3.77% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
8,000
| Lease Start
03-01-1999
| #Units
5,086
|
| Price/SF $162.50 | Expiration
02-28-2029
| Tenant Type Automotive |
| NOI $49,000 | R. Term 4.5 | Ownership Ground Lease |
| Rent/SF
$6.13
| Increases 15.3%/1/yrs | Pop 5Mi 176,753 |
| Lot/AC 0.88 | Options 2/5yrs/14.9% | AHHI 5Mi $93,110 |
| | |
Advance Auto Parts is ideally situated along Rockside Road, near the signalized intersection with Northfield Road (OH Route 8), one of the area’s primary thoroughfares. The location enjoys high traffic counts of approximately 37,700 vehicles per day at the nearby intersection and is positioned just over a mile from the major junctions of US Route 422 and Interstates 480 and 271, and just...
...In location for years
Dense retail corridor
Near major nationals
Highway close
Top 100 MSA
Strong demographics
Recently extended lease
Absolute NNN
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. Founded in 1932, Advance now...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 12,235 | 70,062 | 174,891 |
| 2023 Total Population : | 12,331 | 71,166 | 177,172 |
| 2023 Employed Civilian Pop : | 5,990 | 33,955 | 84,726 |
| 2023 Total Businesses : | 425 | 2,841 | 8,361 |
| 2023 Average Household Income : | $ 61,773 | $ 62,904 | $ 85,209 |
| 2023 Total Consumer Spending : | $ 306 M | $ 1788 M | $ 5722 M |
| 2023 Median Age : | 44 | 43 | 44 |
| 2023 Total Households : | 5,698 | 32,563 | 77,505 |
| 2023 Pop Age 25+: Bachelor's Degree : | 996 | 6,702 | 20,927 |
| 2023 Average Home Value : | $ 151,229 | $ 151,435 | $ 202,021 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| ROCKSIDE RD | Northfield Rd | 2020 | 14,043 | 0.13 mi |
| Northfield Rd | Rockside Rd | 2003 | 15,100 | 0.15 mi |
| Northfield Rd | Rockside Rd | 2003 | 13,400 | 0.19 mi |
| Rockside Rd | Northfield Rd | 2003 | 20,950 | 0.23 mi |
| Northfield Road | Southgate PkBlvd | 2021 | 16,877 | 0.30 mi |
| ROCKSIDE RD | Center Rd | 2020 | 9,306 | 0.31 mi |
| Rockside Road | Center Rd | 2019 | 10,623 | 0.33 mi |
| Rockside Rd | Center Rd | 2016 | 10,518 | 0.34 mi |
| Warrensville Center Rd | Donny Brook Rd | 2013 | 20,966 | 0.36 mi |
| Center Rd | Meadowgate Blvd | 2003 | 8,800 | 0.37 mi |
Opelika, AL
Cap Rate 4.75%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 2,089
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
