$1,892,901 USD
843-510-0551
10025 Albemarle Rd
Charlotte, NC 28227
Hickory Ridge
HIGHLIGHTS
- The Lease is Backed By Advance Auto Parts, a Company With an Investment-Grade Credit Rating of BB+ From S&P and Ba1 From Moody's
- Within a 3-Mile Radius, Charlotte Features a Demographic Profile Hosting 59,490 Residents With an Average Household Income of $86,230
- Premier Leader in the Automotive Aftermarket Parts Industry With Over 4,700 Stores in Operation
- Founded in 1932, Advance Auto Parts Employs Over 62,000 People Nationwide
- Publicly Traded Entity on the New York Stock Exchange (NYSE: AAP)
- The On-Demand Need For Parts By Local Shops and DIY Mechanics, Combined With the High Shipping Costs For Batteries and Other Parts
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 6,874 SF Advance Auto Parts Located at 10025 Albemarle Rd in Charlotte, NC. This Deal Includes a Company With an Investment- Grade Credit Rating of BB+ From S&P and Ba1 From Moody's, and $9.1 Billion in Annual Sales For 2024, Providing For a Secure Investment.
In Cooperation With Sands Investment Group North Carolina, LLC - Lic. #29362 BoR: Chris Sands - Lic. NC #300021
FOR SALE DETAILS
PRICE
$1,892,901 USD
PRICE/SF
$275 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Advance Auto Parts - Charlotte, NC
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Auto Dealership, Auto Repair, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2001
SPRINKLERS
-
PARKING SPACES
56
LAND DETAILS
LAND ACRES
2.44 AC
LAND SF
106,286 SF
ZONING
B2
APN/PARCEL ID
111-163-10
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843-510-0551
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