Advance Auto Parts - Oklahoma City, OK | 215 SW 29th St
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Advance Auto Parts - Oklahoma City, OK 215 SW 29th St
7,000 SF Retail Building Oklahoma City, OK 73109 $1,637,948 ($234/SF) 7.75% Cap Rate
Investment Highlights
- The Lease is Backed By Advance Auto Parts, a Company With an Investment-Grade Credit Rating of BBB- From S&P
- Prime Property Location on a Signalized Corner With Multiple Points of Entry
- Premier Leader in the Automotive Aftermarket Parts Industry With Over 4,700 Stores in Operation
- Oklahoma City, the Largest City in Oklahoma, Boasts a Population of Over 650,000 Residents
- Located Just 2-Miles From the Myriad Botanical Gardens, Attracting Over 1,000,000 Visitors Annually
- 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 7,000 SF Advance Auto Parts Located at 215 SouthWest 29th Street in Oklahoma City, OK. The Lease is Backed By Advance Auto Parts, a Company With an Investment-Grade Credit Rating of BBB- From S&P and Baa2 From Moody's, and $11.3 Billion in Annual Sales For 2023 Providing For a Secured Investment.
In Cooperation With Sands Investment Group Oklahoma LLC Lic. #207753 BOR: Tom Gorman Lic. OK #207754
In Cooperation With Sands Investment Group Oklahoma LLC Lic. #207753 BOR: Tom Gorman Lic. OK #207754
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
7,000 SF
Building Class
B
Year Built
2007
Price
$1,637,948
Price Per SF
$234
Cap Rate
7.75%
NOI
$126,941
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.25
Lot Size
0.64 AC
Zoning
C - Commercial
Parking
37 Spaces (5.29 Spaces per 1,000 SF Leased)
Frontage
363 FT on Southwest 29th Street
Amenities
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Advance Auto Parts
- Retailer
- 7,000 SF
- $18.13
- Triple Net
- Nov 2026
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Advance Auto Parts | Retailer | 7,000 SF | $18.13 | Triple Net | Nov 2026 |
Walk Score ®
Very Walkable (70)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 091477730 | Improvements Assessment | $63,337 |
| Land Assessment | $18,960 | Total Assessment | $82,297 |
PROPERTY TAXES
Parcel Number
091477730
Land Assessment
$18,960
Improvements Assessment
$63,337
Total Assessment
$82,297
Contacts
-
Jack Liberatore -
Clifton McCrory -
Adam Scherr -
Daniel Hoogesteger -
Max Freedman -
Sands Investment Group
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Advance Auto Parts - Oklahoma City, OK | 215 SW 29th St
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