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| Price $1,238,000 | Built/Renov 2002 | Tenant Advance Auto Parts |
| Cap Rate 5.75% | Lease Type
Double NN | Guarantor Corp T and Rated |
| Size/SF
7,000
| Lease Start
08-01-2023
| #Units
5,105
|
| Price/SF $176.86 | Expiration
07-31-2033
| Tenant Type Automotive |
| NOI $71,190 | R. Term 8.7 | Ownership Fee Simple |
| Rent/SF
$10.17
| Increases 10.0%/5/yrs | Pop 5Mi 9,579 |
| Lot/AC 0.78 | Options 2/5yrs/10% | AHHI 5Mi $70,961 |
| | |
This Advance Auto Parts is positioned along a main retail corridor, at the signalized intersection of W. Columbia Ave. and North Carolina Ave. (6,900+ VPD), and is the #1 ranked store within a 30-mile radius. The property is an outparcel to KJ’s IGA Market and is less than a mile from other national tenants including Walgreens, KFC, Zaxby’s, Bojangles, McDonalds, and many more. The site is a...
...Signalized intersection
Hard corner intersection
In location for years
Shopping Ctr out-parcel
Highway location
Top 100 MSA
Long operation history
Recently extended 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 : | 2,609 | 7,006 | 9,754 |
| 2023 Total Population : | 2,509 | 6,891 | 9,644 |
| 2023 Employed Civilian Pop : | 989 | 2,733 | 3,849 |
| 2023 Total Businesses : | 178 | 351 | 378 |
| 2023 Average Household Income : | $ 61,264 | $ 68,177 | $ 69,874 |
| 2023 Total Consumer Spending : | $ 55 M | $ 173 M | $ 246 M |
| 2023 Median Age : | 41 | 42 | 42 |
| 2023 Total Households : | 1,018 | 2,849 | 3,945 |
| 2023 Pop Age 25+: Bachelor's Degree : | 197 | 516 | 693 |
| 2023 Average Home Value : | $ 210,059 | $ 224,061 | $ 226,295 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| North Carolina Avenue | W Railroad Ave | 2021 | 2,400 | 0.07 mi |
| South Carolina Avenue | Wilson St | 2021 | 800 | 0.08 mi |
| School House Lane | W Railroad Ave | 2021 | 550 | 0.23 mi |
| North Carolina Avenue | Elizabeth St | 2021 | 850 | 0.27 mi |
| Hall Street | Elizabeth St | 2021 | 200 | 0.32 mi |
| Mitchell Street | Malibu Dr | 2021 | 3,700 | 0.35 mi |
| South Fair Avenue | Wilson St | 2021 | 250 | 0.38 mi |
| Howard Street | Charleston Ave | 2021 | 125 | 0.41 mi |
| Mitchell Street | Highland Ave | 2021 | 3,800 | 0.47 mi |
| West Church Street | Rabun St | 2021 | 6,400 | 0.49 mi |
Gibsonia, PA
Cap Rate 5.15%
Lease Abs NNN
R. Term 14.50 yrs
Size/SF 2,100
Cleveland, OH
Cap Rate 6.50%
Lease NN+
R. Term 5.11 yrs
Size/SF 7,000
Cleveland, OH
Cap Rate 6.50%
Lease NN+
R. Term 5.30 yrs
Size/SF 7,000
Mineral Wells, TX
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 4,800
Warsaw, IN
Cap Rate 6.65%
Lease NN+
R. Term 10.20 yrs
Size/SF 7,000
Pineville, LA
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 1,421
Bryant, AR
Cap Rate 6.00%
Lease Abs NNN
R. Term 14.00 yrs
Size/SF 4,850
Scottsboro, AL
Cap Rate 5.20%
Lease Abs NNN
R. Term 20.40 yrs
Size/SF 6,925
Columbia, SC
Cap Rate 5.50%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 2,015
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
