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Advance Auto Parts 1437 S Pollock St

6,156 SF Retail Building Smithfield, NC 27577 $1,319,000 ($214/SF) 6.75% Cap Rate

Retail Buildings North Carolina Smithfield 1437 S Pollock St, Smithfield, NC 27577

Investment Highlights

  • Close proximity to signalized corner intersection | S Pollock St & US Hwy 70 E | 46,000 VPD combined
  • Corporate lease | Advance Stores Company, Inc. | 5,200+ locations across 4 countries
  • Quick access to I-95 via Exit 97 | 36,000 VPD
  • Outparcel to Johnston Square | Food Lion-anchored shopping center with Tractor Supply Co. & Big Lots among other retail
  • Long operating history with multiple extensions | Leased since 2003 & extended the lease for 7 years in 2024
  • Located inside of primary retail corridor for the surrounding area | 2.5M SF within a 2-mile radius

Executive Summary

Al Dickens and Ransome Foose of Berkeley Capital Advisors are pleased to present for sale Advance Auto Parts in Selma, NC. We welcome your review of this attractive investment.

Property Facts

Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,156 SF
Building Class
B
Year Built
2003
Price
$1,319,000
Price Per SF
$214
Cap Rate
6.75%
NOI
$89,033
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.20
Lot Size
0.71 AC
Zoning
COM
Parking
34 Spaces (5.52 Spaces per 1,000 SF Leased)
Frontage
93 FT on Pollock St

Amenities

  • Dedicated Turn Lane
  • Pylon Sign
  • Signage

Links

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Nearby Major Retailers

Food Lion
Cook Out
Waffle House
Planet Fitness
Rent-A-Center
Woodforest National Bank
Denny's
First Citizens Bank
KS Bank
IGA

PROPERTY TAXES

Parcel Numbers
Multiple
  • 14057027F
  • 14057027E
 Improvements Assessment $968,400
Land Assessment $620,950 Total Assessment $1,589,350

PROPERTY TAXES

Parcel Numbers
Multiple
  • 14057027F
  • 14057027E
Land Assessment
$620,950
Improvements Assessment
$968,400
Total Assessment
$1,589,350
(704) 714-2368

Contacts

  • Listing ID: 33436789

  • Date on Market: 10/7/2024

  • Last Updated:

  • Address: 1437 S Pollock St, Smithfield, NC 27577

More public record information on 1437 S Pollock St, Smithfield, NC 27577

The Retail Property at 1437 S Pollock St, Smithfield, NC 27577 is currently available for sale. Contact Berkeley Capital Advisors for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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1437 S Pollock St, Smithfield, NC for sale Building Photo- Image 1 of 9
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Advance Auto Parts | 1437 S Pollock St
(704) 714-2368 x

Advance Auto Parts | 1437 S Pollock St

1/4

Al Dickens

(704) 714-2368

(704) 714-2368

Ransome Foose

(704) 379-1985

(704) 379-1985

Carl Brendes

(704) 714-2363

(704) 714-2363

Jake Zapata

(210) 587-5388

(210) 587-5388

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