Advanced Auto Parts | 3360 Bayside Lakes Blvd SE
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Advanced Auto Parts 3360 Bayside Lakes Blvd SE
5,000 SF 100% Leased Retail Building Palm Bay, FL 32909 $3,333,000 ($667/SF) 6% Cap Rate
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
Building Size
5,000 SF
Year Built
2025
Price
$3,333,000
Price Per SF
$667
Cap Rate
6%
NOI
$200,000
Percent Leased
100%
Building Height
1 Story
NEARBY MAJOR RETAILERS
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
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Advanced Auto Parts | 3360 Bayside Lakes Blvd SE
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