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Advance Auto 8610 Highway 52 6,895 sq ft Retail Property Rockwell, NC 28138 £1,154,206 (£167.40/sq ft) 6.60% Net Initial Yield

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INVESTMENT HIGHLIGHTS

  • Ideally located in Charlotte, NC.

EXECUTIVE SUMMARY

-Advance Auto Parts: Essential Business Tenant, Pandemic & Recession Resistant
- Corporate leased building by Advance Auto Parts.
-Investment Grade Tenant: Advance Auto Parts, Inc. (NYSE: AAP); Investment Grade Credit Rating: BBB- (S&P)
-Ideal for 1031 Exchange Buyer and/or Passive Investor
-Free standing single tenant building, built specifically for Advance Auto Parts, Inc.
- Located in Charlotte, NC MSA.
- Double Net+ Lease. Minimal Landlord responsibilities (slab, foundation, structure).

ATTACHMENTS

Advance Auto Parts Rockwell NC FLYER

PROPERTY FACTS

Sale Type
Investment
Sale Condition
Design & Build
Property Type
Retail
Property Subtype
Standalone
Property Size
6,895 sq ft
Year Built
2013
Price
£1,154,206
Price per sq ft
£167.40
Yield
6.60%
NOI
£76,182
Tenancy
Single
Number of Floors
1
Plot ratio
0.07
Total Plot Size
2.20 ac
Use Class
B3 - General Business
Parking
32 Spaces (4.64 Spaces per 1,000 sq ft Leased)
Frontage
307 ft on U.S. 52

AMENITIES

  • Pylon Sign
  • Signage
1 1

PROPERTY TAXES

Parcel Number 357-A064A Improvements Assessment £438,953
Land Assessment £211,139 Total Assessment £650,092

PROPERTY TAXES

Parcel Number
357-A064A
Land Assessment
£211,139
Improvements Assessment
£438,953
Total Assessment
£650,092
(336) 215-6238

Still interested?

Contact the agent for more information about this property

CONTACT

  • Listing ID: 28310167

  • Date on Market: 24/04/2023

  • Last Updated:

  • Address: 8610 Highway 52, Rockwell, NC 28138

The Retail Property at 8610 Highway 52, Rockwell, NC 28138 is currently available for Sale. Contact Hampton Investment Properties for more information.

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Advance Auto | 8610 Highway 52
(336) 215-6238 x

Advance Auto | 8610 Highway 52

David Hampton
(336) 215-6238

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