10175 Grand Bay Wilmer Rd S - Freestanding FOR SALE
Grand Bay, AL 36541 |
$1,285,452 USD
843-510-0551
10175 Grand Bay Wilmer Rd S
Grand Bay, AL 36541
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, Grand Bay features a demographic profile hosting 7,430 residents with an average household income of $82,482.
- Premier leader in the automotive aftermarket parts industry with over 4,200 stores in operation.
- Founded in 1932, Advance Auto Parts employs over 69,000 people nationwide. Publicly traded entity on the New York Stock Exchange (NYSE: AAP).
- 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 7,000 SF Advance Auto Parts located at 10175 Grand Bay Wilmer Road S in Grand Bay, AL. 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, and $9.1 billion in annual sales for 2024, offering long-term stability and strong tenant fundamentals.
BoR: Andrew Ackerman - Lic. AL #1089690
FOR SALE DETAILS
PRICE
$1,285,452 USD
PRICE/SF
$178 USD /SF
CAP RATE
8%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Advance Auto Parts - Grand Bay, AL
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Auto Repair, Service Station, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2005
SPRINKLERS
-
PARKING SPACES
41
LAND DETAILS
LAND ACRES
1.03 AC
LAND SF
44,867 SF
ZONING
-
APN/PARCEL ID
36-07-36-3-000-007.001
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843-510-0551
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