Advance Auto Parts | 995 N Montello St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Advance Auto Parts 995 N Montello St
6,797 SF Retail Building Brockton, MA 02301 £1,310,395 (£193/SF) 8.50% Net Initial Yield
Investment Highlights
- Long-Term Occupancy
- Minimal Landlord Responsibilities
- High Traffic Counts
- Corporate Lease
- Recession & E-Commerce Resistant Tenant
- Strong Demographics
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the fee simple interest in an Advance Auto Parts located at 995 N Montello Street in Brockton, Massachusetts (the “Property”). Constructed in 2008, Advance Auto Parts has been at this location for 16+ years and recently extended their lease, demonstrating their commitment to the site and the market. Advance Auto Parts has 3+ years remaining on their lease with three (3), 5-year renewal options. The lease features an attractive 10% rent increase at the start of each renewal option. Advance Auto Parts is strategically located along N Montello Street (MA Route 28), one of the area’s primary commercial and commuter corridors. The Property enjoys outstanding frontage and visibility, is 1 mile from Walmart Supercenter, and is approximately 2-miles from Downtown Brockton. The Property offers convenient access to area schools (including Massasoit Community College and Stonehill College), retailers and restaurants, municipal offices, industrial and manufacturing parks, and area employers, all of which drive traffic to the area. Advance Auto Parts is surrounded by densely developed residential neighborhoods that provide a built-in customer base. The Property is 2 miles from the Brockton Train Station and offers convenient access to MA Routes 24, 27, and 123. Brockton is located in Plymouth County approximately 25 miles south of Boston.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,797 SF
Building Class
B
Year Built
2008
Price
£1,310,395
Price Per SF
£193
Net Initial Yield
8.50%
NOI
£111,383
Tenancy
Single
Number of Floors
1
Building FAR
0.19
Lot Size
0.82 AC
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | BROC-000101-000367 | Improvements Assessment | £639,276 |
Land Assessment | £299,200 | Total Assessment | £938,476 |
PROPERTY TAXES
Parcel Number
BROC-000101-000367
Land Assessment
£299,200
Improvements Assessment
£639,276
Total Assessment
£938,476
1 of 6
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Advance Auto Parts | 995 N Montello St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.