4350 Highway 280 - Freestanding FOR SALE
Alexander City, AL 35010 |
$1,376,000 USD
678-878-1907
4350 Highway 280
Alexander City, AL 35010
HIGHLIGHTS
- Corporately guaranteed by Advance Auto Parts Inc.
- Limited landlord responsibilities
- Recent extension, showing strong commitment to the site
- Significant 14.1% rental increases in the option period, which provides investors a hedge against inflation
- Healthy rent to sales ratio of 7.83%
- Long Operating History: Advance Auto has been at the site since 1994
FOR SALE DETAILS
PRICE
$1,376,000 USD
PRICE/SF
$142 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
2009
SPRINKLERS
-
PARKING SPACES
36
LAND DETAILS
LAND ACRES
1.27 AC
LAND SF
55,321 SF
ZONING
-
APN/PARCEL ID
12-02-04-4-001-005.0050
ASK ABOUT THIS PROPERTY
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678-878-1907
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678-878-1907
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