625 Second St - Freestanding FOR SALE


N Wilkesboro, NC 28659
$1,158,621 USD
678-878-1907
625 Second St, N Wilkesboro, NC for Sale
$1,158,621 USD
Freestanding - FOR SALE
1/4
null | 7.25% Cap Rate

625 Second St
N Wilkesboro, NC 28659


HIGHLIGHTS

  • Corporately Guaranteed by Advance Auto Parts Inc.
  • Limited Landlord responsibilities
  • Recent extension, showing strong commitment to the site
  • Attractive 10% rental increases in the option period, which provides investors a hedge against inflation
  • Strong rent to sales ratio of 5.73%
  • Established Presence: Advance Auto has been at the site since 1995

OVERVIEW

Kyle Matthews License No. C38369 (NC) (866) 889-0550 Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203

FOR SALE DETAILS

PRICE

$1,158,621 USD

PRICE/SF

$143 USD /SF

CAP RATE

7.25%

% 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

1995

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.05 AC

LAND SF

45,738 SF

ZONING

-

APN/PARCEL ID

1405162

ASK ABOUT THIS PROPERTY

Michael WolsieferMatthews Real Estate Investment ServicesMore Info
678-878-1907

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

Michael WolsieferMatthews Real Estate Investment ServicesMore Info
678-878-1907

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