Sold Subscription Required
| Price $3,444,910 | Built/Renov 2007 | Tenant Advance Auto Parts |
| Cap Rate 7.25% | Lease Type
NN+ | Guarantor Corp T and Rated |
| Size/SF
6,880
| Lease Start
08-26-2007
| #Units
5,105
|
| Price/SF $500.71 | Expiration
08-31-2029
| Tenant Type Automotive |
| NOI $249,756 | R. Term 4.8 | Ownership Fee Simple |
| Rent/SF
$36.30
| Increases 5.0%/4/yrs | Pop 5Mi 88,644 |
| Lot/AC 1.00 | Options 2/5yrs/5% | AHHI 5Mi $132,627 |
| | |
Advance Auto Parts is strategically located on S Tamiami Trail, with access to a high daily traffic count of 54,550 vehicles. The property is in close proximity to well-known national tenants such as Wendy's, CVS Pharmacy, Taco Bell, Dunkin', McDonald's, and more. The 5-mile trade area supports a population of 88,644 residents with an affluent average household income of $132,627. Bonita...
...Build to suit
In location for years
Dense retail corridor
Near major nationals
Top 100 MSA
Affluent AHHI $100K 5 Mi
Income tax free state
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...
| 1 Miles | 3 Miles | 5 Miles | |
| 2029 Total Population : | 5,266 | 49,841 | 91,879 |
| 2024 Total Population : | 5,046 | 48,333 | 89,249 |
| 2024 Employed Civilian Pop : | 2,175 | 19,489 | 35,391 |
| 2024 Total Businesses : | 1,000 | 3,196 | 5,428 |
| 2024 Average Household Income : | $ 129,773 | $ 136,783 | $ 144,614 |
| 2024 Total Consumer Spending : | $ 287 M | $ 2751 M | $ 5350 M |
| 2024 Median Age : | 58 | 63 | 64 |
| 2024 Total Households : | 2,540 | 22,973 | 42,422 |
| 2024 Pop Age 25+: Bachelor's Degree : | 961 | 10,884 | 22,355 |
| 2024 Average Home Value : | $ 589,809 | $ 718,419 | $ 750,206 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Boston Rd | S Tamiami Trl | 2005 | 57,500 | 0.15 mi |
| Arroyal Rd | Crown Lake Ct | 2001 | 5,900 | 0.24 mi |
| South Tamiami Trail | Riverview Center | 2022 | 58,500 | 0.31 mi |
| Bonita Beach Rd SE | Arroyal Rd | 2001 | 23,700 | 0.37 mi |
| Bonita Beach Rd SW | Meadowlark Ln | 2001 | 26,400 | 0.69 mi |
| Pennsylvania Avenue | Hacienda Blvd E | 2022 | 3,500 | 0.71 mi |
| South Tamiami Trail | Beaumont Rd | 2022 | 32,000 | 0.76 mi |
| W Terry St | Edenbridge Ct | 2001 | 11,100 | 0.88 mi |
| Vanderbilt Dr | Bonita Beach Rd | 2000 | 8,500 | 0.89 mi |
| S Tamiami Trl | Woods Edge Pky | 2001 | 32,500 | 1.06 mi |
Memphis, TN
Cap Rate 7.75%
Lease Abs NNN
R. Term 13.70 yrs
Size/SF 4,751
Cordova, TN
Cap Rate 7.75%
Lease Abs NNN
R. Term 13.70 yrs
Size/SF 4,628
Cookeville, TN
Cap Rate 7.75%
Lease Abs NNN
R. Term 13.70 yrs
Size/SF 4,038
Springfield, MO
Cap Rate 6.42%
Lease Double NN
R. Term 5.11 yrs
Size/SF 18,700
Carencro, LA
Cap Rate 6.90%
Lease Abs NNN
R. Term 18.50 yrs
Size/SF 3,027
Salisbury, MD
Cap Rate 6.65%
Lease NN+
R. Term 14.10 yrs
Size/SF 16,700
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
