5420 N Mcclellan Blvd - Freestanding FOR SALE


Anniston, AL 36206
$992,000 USD
332-345-4222
5420 N Mcclellan Blvd, Anniston, AL for Sale
$992,000 USD
Freestanding - FOR SALE
1/2
null | 7.5% Cap Rate

5420 N Mcclellan Blvd
Anniston, AL 36206


HIGHLIGHTS

  • Recession Resistant Business Due to Non Discretionary Nature of Services
  • Extremely Long Operating History
  • Strong National Tenancy in the Immediate Area
  • Corporate Guarantee from Advance Stores Company Inc.

OVERVIEW

Surmount is pleased to present the exclusive listing for an Advance Auto Parts located at 5420 McClellan Boulevard, Anniston, AL 36206. The site consists of roughly 8,065 rentable square feet of building space on an estimated 0.69-acre parcel of land. This Advance Auto Parts is subject to a Double Net (NN) lease, which commenced 4/8/1993. The current annual rent is $74,400 and has scheduled increases of 13.4% in the next option period.

FOR SALE DETAILS

PRICE

$992,000 USD

PRICE/SF

$123 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,000 SF

ZONING

-

APN/PARCEL ID

18-04-20-1-004-003.000

ASK ABOUT THIS PROPERTY

Glen KunofskySurmountMore Info
332-345-4222

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Glen KunofskySurmountMore Info
332-345-4222

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