1737 N Central Ave - Freestanding FOR SALE
Marshfield, WI 54449 |
$1,312,000 USD
561-427-6699
1737 N Central Ave
Marshfield, WI 54449
HIGHLIGHTS
- Strategic main and main location across from Target & Walmart
- Corporate Lease with Advance Auto which operates over 4,700 stores in the US and Canada
- Dominant location with below market rent
- 8.0% going in CAP with potential future upside
- NN lease with minimal landlord maintenance obligations provides passive ownership for out of state investor
- Fee simple ownership allows for depreciation of the building boosting after tax returns
OVERVIEW
Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of this Advance Auto Parts in Marshfiled, WI. This main and main corner location has been leased to Advance Auto for 20 years and is an opportunity to buy the dominant piece of real estate in the market with a corporate Net Lease and future upside potential.
FOR SALE DETAILS
PRICE
$1,312,000 USD
PRICE/SF
$195 USD /SF
CAP RATE
8%
% 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
2004
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.89 AC
LAND SF
38,768 SF
ZONING
C
APN/PARCEL ID
3303204E
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561-427-6699
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561-427-6699
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