3130 S Crater Rd - Freestanding FOR SALE
Petersburg, VA 23805 |
$1,216,000 USD
678-878-1907
3130 S Crater Rd
Petersburg, VA 23805
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 17% rental increases in the option period, which provides investors a hedge against inflation
- Established Presence: Advance Auto has been at the site since 1994
FOR SALE DETAILS
PRICE
$1,216,000 USD
PRICE/SF
$151 USD /SF
CAP RATE
7.5%
% 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
2000
SPRINKLERS
-
PARKING SPACES
42
LAND DETAILS
CROSS STREETS
Wagner Rd
LAND ACRES
0.86 AC
LAND SF
37,462 SF
ZONING
B-2
APN/PARCEL ID
081-04-0813
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
678-878-1907
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
678-878-1907
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
