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Advance Auto Parts - Perry, GA 1335 Ball St

8,075 SF Retail Building Perry, GA 31069 £836,554 (£104/SF) 7.75% Net Initial Yield

Investment Highlights

  • The Tenant Has Demonstrated a Strong Commitment to This Location, Having Been Established Here Since 1994
  • The Lease is Backed By Advance Auto Parts, a Company With an Investment-Grade Credit Rating of BBB - From S&P
  • Premier Leader in the Automotive Aftermarket Parts Industry With Over 4,700 Stores in Operation
  • There Are Over Three Years Remaining on the Lease, Which is Backed By a Corporate Guarantee
  • Located Less Than 3-Miles From the Georgia National Fairgrounds & Agriculture Center, Which Host the Georgia National Fair Each Year
  • Founded in 1932, Advance Auto Parts Employs Over 65,000 People Nationwide

Executive Summary

Sands Investment Group is Pleased to Exclusively Offer For Sale the 8,075 SF Advance Auto Parts Located at 1335 Ball Street in Perry, GA. The Tenant Has Demonstrated a Strong Commitment to This Location, Having Been Established Here Since 1994 and There Are Over Three Years Remaining on the Lease, Which is Backed By a Corporate Guarantee, Providing For a Secured Investment.

In Cooperation With Sands Investment Group Atlanta, LLC - Lic. #67374 BOR: Andrew Ackerman - Lic. GA #311619

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
8,075 SF
Building Class
C
Year Built
1994
Price
£836,554
Price Per SF
£104
Net Initial Yield
7.75%
NOI
£64,833
Tenancy
Single
Number of Floors
1
Building FAR
0.16
Lot Size
1.18 AC
Zoning
C2 - Commercial
Frontage
247 ft on Ball St

Amenities

  • Pylon Sign
  • Signage

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Advance Auto Parts
  • Retailer
  • 8,075 SF
  • £8.03
  • Double Net
  • Oct 2027
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Advance Auto Parts Retailer 8,075 SF £8.03 Double Net Oct 2027

Nearby Major Retailers

Planet Fitness
Kroger
Shane's Rib Shack
Truist
Cook Out
IHOP
Krystal
Longhorn Steakhouse
Waffle House
Sonny"s Real Pit Bar B-Q

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0P0140082000
Land Assessment
£91,771
Improvements Assessment
£102,424
Total Assessment
£194,196
  • Listing ID: 32979160

  • Date on Market: 28/08/2024

  • Last Updated:

  • Address: 1335 Ball St, Perry, GA 31069

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