1740 M 139 - Freestanding FOR SALE


Benton Harbor, MI 49022
$1,359,000 USD
248-688-0630
1740 M 139, Benton Harbor, MI for Sale
$1,359,000 USD
Freestanding - FOR SALE
1/10
null | 8% Cap Rate

1740 M 139
Benton Harbor, MI 49022


HIGHLIGHTS

  • 6+ Years Remaining | Scheduled Rental Increases | Options to Extend | Established Brand
  • NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
  • Across from Fairplain Plaza (263,000+ SF) | Dense Retail Corridor | Strong National/Credit Tenant Presence
  • Signalized, Hard Corner Intersection | Interstate 94 | Excellent Visibility & Access
  • Strong Demographics in 5-Mile Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NN leased, Advance Auto Parts investment property located in Benton Harbor, Michigan. The tenant currently has 6+ years remaining with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 5% rental increases at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is NN with landlord responsibilities limited to slab, foundation, structure, parking lot, roof and HVAC making it an ideal, low-management investment opportunity for a passive investor. As of January 3, 2026, Advance operated 4,305 stores primarily within the United States, with additional locations in Canada, Puerto Rico and the U.S. Virgin Islands.

FOR SALE DETAILS

PRICE

$1,359,000 USD

PRICE/SF

$169 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Advance Auto Parts | Corporate NN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,609 SF

ZONING

GC-1

APN/PARCEL ID

11-03-0031-0040-36-0

ASK ABOUT THIS PROPERTY

Michael CarterSRS Real Estate PartnersMore Info
248-688-0630

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Michael CarterSRS Real Estate PartnersMore Info
248-688-0630

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