311 W Fort Williams St - Freestanding FOR SALE
Sylacauga, AL 35150 |
$960,000 USD
704-209-4046
311 W Fort Williams St
Sylacauga, AL 35150
HIGHLIGHTS
- Corporately Guaranteed by Advance Auto Parts Inc.
- NN Lease Structure with Limited Landlord responsibilities
- Recent 10-year extension, showing strong commitment to the site
- Attractive 26% rental increases in the option period, which provides investors a hedge against inflation
- Strong rent to sales ratio of 5.99%
- Established Presence: Advance Auto has been at the site since 1993
FOR SALE DETAILS
PRICE
$960,000 USD
PRICE/SF
$119 USD /SF
CAP RATE
7.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Advance Auto Parts
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1993
SPRINKLERS
-
PARKING SPACES
55
LAND DETAILS
LAND ACRES
0.83 AC
LAND SF
36,155 SF
ZONING
-
APN/PARCEL ID
27-09-32-2-007-004.000
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704-209-4046
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704-209-4046
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