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Advance Auto 8610 Highway 52

6,895 SF Retail Building Rockwell, NC 28138 $1,646,400 ($239/SF) 6.25% Cap Rate

Retail Buildings North Carolina Rockwell 8610 Highway 52, Rockwell, NC 28138

Investment Highlights

  • Ideally located in Charlotte, NC.

Executive Summary

-Advance Auto Parts: Essential Business Tenant, Pandemic & Recession Resistant
- Corporate leased building by Advance Auto Parts.
-Investment Grade Tenant: Advance Auto Parts, Inc. (NYSE: AAP); Investment Grade Credit Rating: BBB- (S&P)
-Ideal for 1031 Exchange Buyer and/or Passive Investor
-Free standing single tenant building, built specifically for Advance Auto Parts, Inc.
- Located in Charlotte, NC MSA.
- Double Net+ Lease. Minimal Landlord responsibilities (slab, foundation, structure).

Attachments

Advance Auto Parts Rockwell NC FLYER

Property Facts

Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,895 SF
Year Built
2013
Price
$1,646,400
Price Per SF
$239
Cap Rate
6.25%
NOI
$102,900
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Land Acres
2.20 AC
Parking
32 Spaces (4.64 Spaces per 1,000 SF Leased)
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PROPERTY TAXES

Parcel Number 357-A064A Improvements Assessment $592,899
Land Assessment $285,188 Total Assessment $878,087

PROPERTY TAXES

Parcel Number
357-A064A
Land Assessment
$285,188
Improvements Assessment
$592,899
Total Assessment
$878,087
(336) 215-6238

  • Listing ID: 28310167

  • Date on Market: 4/24/2023

  • Last Updated:

  • Address: 8610 Highway 52, Rockwell, NC 28138

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Advance Auto | 8610 Highway 52
(336) 215-6238 x

Advance Auto | 8610 Highway 52

David Hampton

(336) 215-6238

(336) 215-6238

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