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Advance Auto Parts 14801 Spotswood Trl 7,000 SF Retail Building Elkton, VA 22827 $1,441,985 CAD ($206.00 CAD/SF) 7.15% Cap Rate
INVESTMENT HIGHLIGHTS
- Corporate lease | Advance Stores Company, Inc. | 4,285 locations across 3 countries
- Outparcel to Food Lion-anchored Shopping Center Elkton Plaza | 90K SF of prime retail space
- Steady population growth within 1-mile | 13.75% from 2010-2025
- Great visibility & access from Spotswood Trail | 13,000 VPD
- Long operating history | Leased since 2002
- Affluent surrounding area | $91,358 average household income within a 3-mile radius
EXECUTIVE SUMMARY
Ransome Foose and Carl Brendes of Berkeley Capital Advisors are pleased to present for sale Advance Auto Parts in Elkton, VA. We welcome your review of this attractive investment.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,000 SF
Building Class
B
Year Built
2002
Price
$1,441,985 CAD
Price Per SF
$206.00 CAD
Cap Rate
7.15%
NOI
$103,089 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.90 AC
Zoning
Commercial
Parking
28 Spaces (4 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 130-11-L2 | Improvements Assessment | $918,059 CAD |
| Land Assessment | $220,110 CAD | Total Assessment | $1,138,169 CAD |
PROPERTY TAXES
Parcel Number
130-11-L2
Land Assessment
$220,110 CAD
Improvements Assessment
$918,059 CAD
Total Assessment
$1,138,169 CAD
CONTACTS
-
Ransome Foose -
Carl Brendes -
Quinn O'Donnell -
Matt Sagehorn -
Berkeley Capital Advisors
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Advance Auto Parts | 14801 Spotswood Trl
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