1471 S Highway 21 Byp - Freestanding FOR SALE
Monroeville, AL 36460 |
$992,000 USD
678-878-1907
1471 S Highway 21 Byp
Monroeville, AL 36460
HIGHLIGHTS
- Corporately guaranteed by Advance Auto Parts Inc.
- Limited Landlord responsibilities
- Attractive 15.80% rental increases in the option period, which provides investors a hedge against inflation
- Healthy rent to sales ratio of 7.04%
- Advance Auto Parts is currently paying a low rent of $74,400 ($10.63 Rent PSF)
- Long Operating History: Advance Auto has been at the site since 1995
FOR SALE DETAILS
PRICE
$992,000 USD
PRICE/SF
$144 USD /SF
CAP RATE
7.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Advance Auto Parts
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1995
SPRINKLERS
-
PARKING SPACES
42
LAND DETAILS
LAND ACRES
0.85 AC
LAND SF
36,992 SF
ZONING
-
APN/PARCEL ID
26010140000370010
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678-878-1907
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678-878-1907
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