1168 N Highway 27 - Retail FOR SALE


Whitley City, KY 42653
$1,137,000 USD
248-702-0288
1168 N Highway 27, Whitley City, KY for Sale
$1,137,000 USD
Retail - FOR SALE
1/5
null | 7.5% Cap Rate

1168 N Highway 27
Whitley City, KY 42653


HIGHLIGHTS

  • Single Tenant Free Standing Corporate 7,000 SF Advance Auto Parts Situated on 1.83 Acres
  • Triple "NNN" Lease Structure w/ Minimal Landlord Responsibilities
  • Recent Lease Extension Lease Showing Tenants Commitment To Location
  • Adjacent to 35K SF Kroger Supermarket & Kroger Fuel Station
  • Property Located on Main Thoroughfare | Traffic Counts Exceeding 13,700 VPD on US Hwy 27
  • Advance Auto Parts Investment Grade Tenant - S&P BB+ & Moody's Baa3

OVERVIEW

Single Tenant Free Standing Corporate 7,000 SF Advance Auto Parts Situated on 1.83 Acres Triple "NNN" Lease Structure w/ Minimal Landlord Responsibilities Recent Lease Extension Lease Showing Tenants Commitment To Location Adjacent to 35K SF Kroger Supermarket & Kroger Fuel Station Property Located on Main Thoroughfare | Traffic Counts Exceeding 13,700 VPD on US Hwy 27 Advance Auto Parts Investment Grade Tenant - S&P BB+ & Moody's Baa3 National Retailers Surrounding Property Include: Kroger, McDonalds, KFC, Arby's, Taco Bell, Little Caesars, Subway, NAPA, USPS, and United Cumberland Bank.

FOR SALE DETAILS

PRICE

$1,137,000 USD

PRICE/SF

$162 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Advance Auto Parts

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

1.83 AC

LAND SF

79,715 SF

ZONING

-

APN/PARCEL ID

120-10-04-034.00

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.