1447 W Chicago Blvd - Freestanding FOR SALE


Tecumseh, MI 49286
$1,636,376 USD
843-510-0551
1447 W Chicago Blvd, Tecumseh, MI for Sale
$1,636,376 USD
Freestanding - FOR SALE
1/5
null | 8% Cap Rate

1447 W Chicago Blvd
Tecumseh, MI 49286


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, Tecumseh features a demographic profile hosting 12,919 residents with an average household income of $99,541.
  • Premier leader in the automotive aftermarket parts industry with over 4,200 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).

OVERVIEW

Sands Investment Group is pleased to exclusively offer for sale the 6,000 SF Advance Auto Parts located at 1447 West Chicago Boulevard in Tecumseh, MI. This offering features a lease 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, providing investors with a stable, long-term, income-producing investment opportunity. IN COOPERATION WITH: Sands Investment Group Michigan, LLC - Lic. # 6505424119 31235 Harper Avenue, St. Clair Shores, MI 48082 Direct# 586.210.6178 Broker of Record: Max Freedman - MI Lic. # 6502424113

FOR SALE DETAILS

PRICE

$1,636,376 USD

PRICE/SF

$273 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Advance Auto Parts - Tecumseh, MI

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Auto Dealership, Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

B-3

APN/PARCEL ID

XT0-470-0021-15

ASK ABOUT THIS PROPERTY

Jack LiberatoreSands Investment GroupMore Info
843-510-0551

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Jack LiberatoreSands Investment GroupMore Info
843-510-0551

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.