50 Boardwalk - Freestanding FOR SALE
Inez, KY 41224 |
$864,399 USD
843-510-0551
50 Boardwalk
Inez, KY 41224
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, Inez Features a Demographic Profile Hosting 2,415 Residents With an Average Household Income of $69,428
- 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)
- The On-Demand Need For Parts By Local Shops and DIY Mechanics, Combined With the High Shipping Costs For Batteries and Other Parts
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 6,000 SF Advance Auto Parts Located at 50 Board Walk in Inez, KY. 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 ParaSell, Inc. , A Licensed Kentucky Broker - Lic. #260997 BoR: Scott Reid - Lic. KY #260934
FOR SALE DETAILS
PRICE
$864,399 USD
PRICE/SF
$144 USD /SF
CAP RATE
8.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Advance Auto Parts - Inez, KY
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Auto Dealership, Auto Repair, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2010
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
028-00-00-004.02
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843-510-0551
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