Listed by SURMOUNT
$1,117,000
Advance Auto Parts
Details
Property Type Retail
Sub Type Automotive
Square Footage 7,000
Units 1
Cap Rate 7.5%
NOI $83,790
Occupancy 100%
Tenancy Single
Brand/Tenant Advance Auto Parts
Lease Type NNN
Lease Term 15
Lease Expiration 04/30/2037
Remaining Term 10.8
Rent Bumps Yes
Lease Options 3, 5- Year Options
Year Built 2007
Acreage 1.380
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 04/19/2007
Ground Lease No
Ownership Fee Simple
About This Property
Marketing description
Surmount and Bang Realty is pleased to present the exclusive listing for an Advance Auto Parts located at 909 Broadway Street, Beattyville, KY 41311. The site consists of roughly 7,000 rentable square feet of building space on an estimated 1.38-acre parcel of land. Advance Auto Parts is subject to a 30-year Triple Net (NNN) lease, which commenced 4/19/2007. The current annual rent is $83,790 and has scheduled increases of 10.00% At Start of Each Option Period.
Investment highlights
- Triple Net (NNN) Lease Structure | Lease features no landlord responsibility, with the tenant responsible for maintenance, repairs, taxes and operating expenses.
- Strategic Retail Corridor | Positioned along Broadway Street, the property benefits from excellent visibility and easy access within Beattyville's primary commercial corridor.
- Retail Hub Location | Surrounded by Walmart, Save A Lot, Dollar General, Family Dollar, IGA, Shell, Ace Hardware and other daily-needs retailers driving repeat traffic.
- Strong Regional Accessibility | Located near KY-52 and KY-11, the site serves residents throughout Lee County while capturing travelers moving through eastern Kentucky.
- Consumer Spending Base | More than $95 million in annual consumer spending exists within a 10-mile radius, supporting long-term retail demand and tenant performance.
- Limited Local Competition | Advance Auto Parts benefits from a strategic position in a rural trade area where national automotive parts competition remains relatively limited.
- Essential Retail Category | Automotive parts and maintenance remain necessity-based retail, generating recurring customer visits driven by routine repairs and vehicle upkeep.
- Stable Community Presence | Serving Beattyville and surrounding communities, the location is positioned as a convenient destination for both DIY customers and professional instal.
Listing Contacts
Listed by SURMOUNT
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$83,790.00
$6,982.50/mo
Valuation Metrics
0
DSCR
7.5%
Cap Rate
7.5%
ROI
Map
Zoning
NZ SpecialNo Zoning
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Last updated Apr 2, 2026 For deeper zoning details, reports are available at Zoneomics
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