Advance Auto Parts - Bonita Springs, FL | 27791 S Tamiami Trl
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Advance Auto Parts - Bonita Springs, FL 27791 S Tamiami Trl
6,880 SF Retail Building Bonita Springs, FL 34134 $3,444,910 ($501/SF) 7.25% Cap Rate
Investment Highlights
- Over 4 Years Remaining on the Corporate Guaranteed Lease
- Strategically Positioned on South Tamiami Trail, a Bustling Thoroughfare With Over 30,000 VPD
- Premier Leader in the Automotive Aftermarket Parts Industry With Over 4,700 Stores in Operation
- The Lease is Backed By Advance Auto Parts, a Company With an Investment Grade Credit Rating of BBB- From S&P & Baa2 From Moody's
- Situated Within a 5-Mile Radius That Boasts a Population of 88,644 Residents, Each Household Averaging an Income of $117,776
- 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 6,880 SF Advance Auto Parts Located at 27791 South Tamiami Trail in Bonita Springs, FL. This Deal Includes a Corporate Guaranteed Lease With Over 4 Years Remaining. 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 SIG RE Services, LLC - Lic. #CQ1055229 BoR: Andrew Ackerman Lic. FL #BK3369953
In Cooperation With SIG RE Services, LLC - Lic. #CQ1055229 BoR: Andrew Ackerman Lic. FL #BK3369953
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
6,880 SF
Building Class
B
Year Built
2007
Price
$3,444,910
Price Per SF
$501
Cap Rate
7.25%
NOI
$249,756
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.00 AC
Zoning
CG - Commercial general
Parking
31 Spaces (4.43 Spaces per 1,000 SF Leased)
Frontage
99 FT on S Tamiami Trl
Amenities
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Advance Auto Parts
- Retailer
- 6,880 SF
- $36.30
- Triple Net
- Aug 2029
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Advance Auto Parts | Retailer | 6,880 SF | $36.30 | Triple Net | Aug 2029 |
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 33-47-25-B3-00260.002A | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,566,621 |
PROPERTY TAXES
Parcel Number
33-47-25-B3-00260.002A
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,566,621
Contacts
-
Jack Liberatore -
Clifton McCrory -
Adam Scherr -
Daniel Hoogesteger -
Max Freedman -
Andrew Ackerman -
Sands Investment Group
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Advance Auto Parts - Bonita Springs, FL | 27791 S Tamiami Trl
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