E 10th Street & Landmark Court - Auto Repair FOR SALE


Cookeville, TN 38501
$2,502,000 USD
858-373-3174
E 10th Street & Landmark Court, Cookeville, TN for Sale
$2,502,000 USD
Auto Repair - FOR SALE
1/5
null | 6.35% Cap Rate

E 10th Street & Landmark Court
Cookeville, TN 38501


HIGHLIGHTS

  • 15-Year Modified NNN Lease, Landlord Responsible for Structure and Foundation
  • 10% Increases Every 5 Years Beginning in Year 11 and in Each Option Period
  • Corporate Guaranty (NYSE: AAP), 4,777+ Locations with $11.3 Billion in Revenue
  • Investment Grade Credit Tenant, Rated ‘BBB-’ by S&P
  • Industry Leader, One of the Largest Aftermarket Auto Parts Providers in the U.S.
  • Brand New Upgraded Block Architectural Design on 1.27 +/- Acres

FOR SALE DETAILS

PRICE

$2,502,000 USD

PRICE/SF

$362 USD /SF

CAP RATE

6.35%

% LEASED

-

TENANCY

-

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Advance Auto Parts

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

15 AC

LAND SF

653,400 SF

ZONING

-

APN/PARCEL ID

040N-E-001.00

ASK ABOUT THIS PROPERTY

Phil SambazisMarcus & MillichapMore Info
858-373-3174

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Phil SambazisMarcus & MillichapMore Info
858-373-3174

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