7951 Highway 31 - Auto Dealership FOR SALE
Calera, AL 35040 |
$1,518,494 USD
843-517-8165
7951 Highway 31
Calera, AL 35040
HIGHLIGHTS
- Situated Just 30 Minutes From Birmingham, Alabama's SecondLargest City, With a Population of Over 195,000 Residents
- Positioned Along US-31, a Major Thoroughfare Connecting Birmingham to Montgomery, Enhancing Visibility and Traffic to the Property
- 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
- Premier Leader in the Automotive Aftermarket Parts Industrremier Leader in the Automotive Aftermarket Parts Industry With Over 4,200 Stores
- Founded in 1932, Advance Auto Parts Employs Over 62,000 People Nationwide
- Publicly Traded Entity on the New York Stock Exchange (NYSE: AAP)
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 7,000 SF Advance Auto Parts Located at 7951 Highway 31 in Calera, AL. 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.
BoR: Andrew Ackerman - Lic. AL #1089690
FOR SALE DETAILS
PRICE
$1,518,494 USD
PRICE/SF
$217 USD /SF
CAP RATE
8.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Advance Auto Parts - Calera, AL
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Dealership
ADD'L SUBTYPES
Auto Repair, Service Station, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2008
SPRINKLERS
-
PARKING SPACES
42
LAND DETAILS
LAND ACRES
1.31 AC
LAND SF
57,064 SF
ZONING
C
APN/PARCEL ID
28-5-21-1-001-029-000,28-5-21-1-001-030-000,28-5-21-1-002-018-000
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843-517-8165
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843-517-8165
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