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
LISTING BROKER
Brandon Hakimi
Director of Investment Sales
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