6553 State Route 88 - Freestanding FOR SALE
Sodus, NY 14551 |
$351,000 USD
949-662-2267
6553 State Route 88
Sodus, NY 14551
HIGHLIGHTS
- ADVANCE AUTO PARTS– Publicly traded company (NYSE: AAP) with 4,700+ locations primarily in the United States.
- FORTUNE 500 COMPANY– Advance Auto ranks #358 on the Fortune 500 list.
- RECENT OPTION PERIOD EXERCISED– Tenant recently exercised a 5-year renewal through June 30th, 2030, showing a strong commitment to the location.
- LOW RENT PSF– Tenant is paying $6.27 per square foot.
- PROVEN LOCATION– Tenant has successfully operated at this location for 10+ years.
- NAKED LEASE– No option periods remaining, providing a buyer with the potential upside of restructuring the lease and rents.
FOR SALE DETAILS
PRICE
$351,000 USD
PRICE/SF
$71 USD /SF
CAP RATE
8.5%
% 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
1988
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.52 AC
LAND SF
22,651 SF
ZONING
R
APN/PARCEL ID
544289-068-117-0000-981-971-0000
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949-662-2267
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949-662-2267
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