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Advance Auto Parts Portfolio
Harris & Charleston Counties, TX & SC
Price
$4,540,000
Cap Rate
5.0%
GLA
13,700 SF
Lot Size
0.31 AC
Year Built
2006-05-03
Tenant
Lease Type
Lease Term Remaining
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Execute Agreement
LISTING BROKER
Brandon Hakimi
Director of Investment Sales
(516) 684-9003
brandon.hakimi@biltcommercial.com
Investment Highlights
Charleston County, South Carolina
NN Lease
Lease Term through 2024 but tenant would like to renew for 10 years with a 5% reduction in rent
1 acre lot
Highly populated city
Harris County, Texas
This is a top-performing store
Located on a very busy lit intersection (a four-lane street going each way)
10 yr lease flat rent commencing 2021
AAP pays $17 psf in rent NNN
Two points of Ingress/Egress