1798 E State Road 163 - Auto Dealership FOR SALE
Clinton, IN 47842 |
$1,183,812 USD
843-517-8165
1798 E State Road 163
Clinton, IN 47842
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, Clinton Features a Demographic Profile Hosting 8,511 Residents With an Average Household Income of $77,752
- 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 6,889 SF Advance Auto Parts Located at 1798 East State Road 163 in Clinton, IN. This Deal Includes a Lease Which 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, Providing For a Secured Investment.
In Cooperation With Sands Investment Group Indiana, LLC - Lic. #RC52000211 BoR: Andrew Ackerman - Lic. IN #RB20001918
FOR SALE DETAILS
PRICE
$1,183,812 USD
PRICE/SF
$172 USD /SF
CAP RATE
8.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Advance Auto Parts - Clinton, IN
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Dealership
ADD'L SUBTYPES
Auto Repair, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2004
SPRINKLERS
-
PARKING SPACES
40
LAND DETAILS
LAND ACRES
0.91 AC
LAND SF
39,640 SF
ZONING
C
APN/PARCEL ID
83-13-17-400-002.002-001
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843-517-8165
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