Listed by Wynmark
$595,000
Advance Auto Parts
Details
Property Type Retail
Sub Type Auto Shop, Shopping Center
Square Footage 4,800
Cap Rate 7.57%
NOI $45,045
Occupancy 100%
Tenancy Single
Brand/Tenant Advanced Auto Parts
Lease Type NN+
Lease Expiration 03/31/2030
Lease Options 1
Broker Co-Op Yes
Class B
Year Built 1999
Acreage 1.450
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Sale Condition For sale by owner
Retail | 7.57% CAP | 4,800 SF
Marketing description
A chance to own a fee simple, stand-along building supported by a nationally recognized credit tenant with a long history at the site. A rare opportunity at under $600k. Tenant has consistently renewed and renewed early at this location.
Listing Contacts
Listed by Wynmark
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$45,045.00
$3,753.75/mo
Valuation Metrics
0
DSCR
7.57%
Cap Rate
7.57%
ROI
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