Advance Auto Parts
Huntsville, AL
Price: $1,550,000Cap Rate: Building SF: 11,000Lot Size: 1.53 acresYear Built: 2005Status: Under Contract

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Investment Highlights: 

 

New 10 yr Lease– Advance Auto just renewed bringing them to a new 10 year lease.

Value Add Opportunity– With Three vacant spaces next to Advance Auto Parts there is the potential to significantly increase the net operating income.

Investment Grade Anchor– asking price is only based on the NOI from Advance Auto, an investment grade tenant.

Corner Location– site sits on the corner of Moores Mill Road and Winchester Road which sees roughly 40,000 VPD.

No Deferred maintenance– Roof was replaced in 2012.

 

 


Ryan Barr

rbarr@lee-associates.com
O. 760.448.2446
F. 760.929.9977

Ryan Bennett

rbennett@lee-associates.com
O. 760.448.2449
F. 760.929.9977