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33193020
33193009

119 North Main Street, Hillsville, VA 24343 For Sale

MT
FL BK3217284
STNL
RD
FL SL3631262
STNL
Listed by STNL
$923,076
57 days on market
Updated 57 days ago

Advance Auto Parts | #1 Store in the Region | Hillsville, VA

Details
Property Type Retail
Sub Type Auto Shop
Square Footage 6,500
Cap Rate 6.5%
NOI $60,000
Tenancy Single
Brand/Tenant Advanced Auto Parts
Lease Type NN
Lease Term 38.5
Lease Expiration 01/01/2035
Remaining Term 8.4
Rent Bumps Yes
Lease Options Three (3), Five (5) Year
Acreage 1.000
Tenant Credit Corporate Guarantee
Lease Commencement 06/28/1996
Ground Lease No

Strong Sales | 6.50% CAP | 6,500 SqFt

Marketing description

CLICK ON PHOTO TO WATCH THE MARKETING VIDEO OR GO TO https://www.stnl.com/property/aap-hillsville-va

CONTACT RYAN DAY: 689-666-9546; rd@stnl.com

STNL.com is pleased to present this 100% fee simple STNL Advance Auto Parts in Hillsville, VA. Two reasons to acquire this property include:

#1 Store in the Region: Tenant has been at this location since 1996 providing trust in the Hillsville, VA area. This store has been outperforming all Advance Auto Parts stores in the region with a rent to sales ratio of 2.05%.

Strategic Location: Located on North Main Street, Advance Auto Parts in Hillsville benefits from a high-visibility, central position in the town’s primary commercial corridor. With immediate proximity to U.S. Route 58 and easy access to Interstate 77, the site captures consistent

Listing Contacts

MT
FL BK3217284
STNL
RD
FL SL3631262
STNL
Listed by STNL

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$60,000.00
$5,000.00/mo

Valuation Metrics

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DSCR
6.5%
Cap Rate
6.5%
ROI

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