625 Second St - Freestanding FOR SALE
N Wilkesboro, NC 28659 |
$1,200,000 USD
678-878-1907
625 Second St
N Wilkesboro, NC 28659
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 29% rental increases in the option period, which provides investors a hedge against inflation
- Strong rent to sales ratio of 5.79%
- Established Presence: Advance Auto has been at the site since 1995
FOR SALE DETAILS
PRICE
$1,200,000 USD
PRICE/SF
$149 USD /SF
CAP RATE
7%
% 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
1995
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.05 AC
LAND SF
45,738 SF
ZONING
-
APN/PARCEL ID
1405162
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678-878-1907
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678-878-1907
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