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Advanced Auto Parts 3360 Bayside Lakes Blvd SE

5,000 SF 100% Leased Retail Building Palm Bay, FL 32909 $3,252,000 ($650.40/SF) 6.15% Cap Rate

Retail Space Florida Palm Bay 3360 Bayside Lakes Blvd SE, Palm Bay, FL 32909

INVESTMENT HIGHLIGHTS

  • 15-Year Modified NNN Lease, Landlord Responsible for Structure and Foundation
  • Corporate Guaranty (NYSE: AAP), 4,777+ Locations with $11.3 Billion in Revenue
  • Industry Leader, One of the Largest Aftermarket Auto Parts Providers in the U.S.
  • 10% Increases Every 5 Years and in Each Option Period
  • Investment Grade Credit Tenant, Rated ‘BBB-’ by S&P
  • Brand New Upgraded Block Architectural Design

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
5,000 SF
Year Built
2025
Price
$3,252,000
Price Per SF
$650.40
Cap Rate
6.15%
NOI
$200,000
Percent Leased
100%
Building Height
1 Story
Building FAR
0.12
Lot Size
0.96 AC
Zoning
PUD

LINKS

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NEARBY MAJOR RETAILERS

Starbucks
Chase Bank
Beef 'O' Brady's
Publix Super Markets

PROPERTY TAXES

Parcel Number 29-37-20-UK-00000.0-000C.00 Improvements Assessment $0
Land Assessment $253,340 Total Assessment $253,340

PROPERTY TAXES

Parcel Number
29-37-20-UK-00000.0-000C.00
Land Assessment
$253,340
Improvements Assessment
$0
Total Assessment
$253,340
(858) 373-3174

CONTACTS

  • Listing ID: 33208247

  • Date on Market: 9/17/2024

  • Last Updated:

  • Address: 3360 Bayside Lakes Blvd SE, Palm Bay, FL 32909

More public record information on 3360 Bayside Lakes Blvd SE, Palm Bay, FL 32909

The Retail Property at 3360 Bayside Lakes Blvd SE, Palm Bay, FL 32909 is currently available for sale. Contact Marcus & Millichap for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

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3360 Bayside Lakes Blvd SE, Palm Bay, FL for sale Building Photo- Image 1 of 4
Photos & Aerials - AAP (Palm Bay, FL) (12)
3360 Bayside Lakes Blvd SE, Palm Bay, FL for sale Building Photo- Image 2 of 4
AAP (Palm Bay, FL)-8
3360 Bayside Lakes Blvd SE, Palm Bay, FL for sale Building Photo- Image 3 of 4
AAP (Palm Bay, FL)-7

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Advanced Auto Parts | 3360 Bayside Lakes Blvd SE
(858) 373-3174 x

Advanced Auto Parts | 3360 Bayside Lakes Blvd SE

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Phil Sambazis

(858) 373-3174

(858) 373-3174

Ryan Nee

(954) 245-3400

(954) 245-3400

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