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| Price $4,938,000 | Built/Renov 2023 | Tenant Advance Auto Parts |
| Cap Rate 5.00% | Lease Type
Double NN | Guarantor Corp T and Rated |
| Size/SF
11,981
| Lease Start
10-12-2023
| #Units
5,105
|
| Price/SF $412.15 | Expiration
10-31-2043
| Tenant Type Automotive |
| NOI $246,875 | R. Term 19.1 | Ownership Fee Simple |
| Rent/SF
$20.61
| Increases 5.0%/4/yrs | Pop 5Mi 39,628 |
| Lot/AC 1.52 | Options 3/5yrs/5% | AHHI 5Mi $124,288 |
| | |
Advance Auto Parts is strategically located along State Highway 53, with clear visibility and access to 22,100 vehicles passing by daily. The property boasts direct entry onto Interstate 85, with a traffic count of 74,500 vehicles per day, offering access to Downtown Atlanta and connecting the MSA. State Highway 53 serves as the primary retail corridor with numerous tenants including Dairy...
...Hard corner intersection
Dense retail corridor
Near major nationals
Highway location
Top 100 MSA
Affluent AHHI $100K 5 Mi
Brand new lease
Long 15+ yr 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 | |
| 2028 Total Population : | 2,131 | 19,347 | 48,664 |
| 2023 Total Population : | 1,932 | 13,737 | 39,628 |
| 2023 Employed Civilian Pop : | 1,074 | 6,894 | 18,651 |
| 2023 Total Businesses : | 97 | 464 | 878 |
| 2023 Average Household Income : | $ 97,462 | $ 114,338 | $ 124,288 |
| 2023 Total Consumer Spending : | $ 57 M | $ 472 M | $ 1456 M |
| 2023 Median Age : | 38 | 40 | 40 |
| 2023 Total Households : | 681 | 4,781 | 13,677 |
| 2023 Pop Age 25+: Bachelor's Degree : | 184 | 2,044 | 6,123 |
| 2023 Average Home Value : | $ 380,185 | $ 345,400 | $ 388,742 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| State Hwy53 | 2021 | 5,540 | 0.47 mi | |
| I- 85 | State Hwy53 | 2005 | 50,590 | 0.47 mi |
| I- 85 | 2021 | 8,140 | 0.48 mi | |
| Pinecrest St | 2019 | 5,350 | 0.54 mi | |
| State Hwy53 | 2021 | 8,660 | 0.55 mi | |
| GA 53 | Hoyt Holder Rd | 2021 | 11,600 | 0.70 mi |
| GA 53 | Zion Church Rd | 2021 | 22,100 | 0.79 mi |
| New Cut Rd | Cedar Ridge Dr | 2005 | 170 | 0.95 mi |
| I 85 | Jesse Cronic Rd | 2021 | 62,200 | 1.13 mi |
| I 59 | Jesse Cronic Rd | 2019 | 62,100 | 1.27 mi |
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
