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Advance Auto Parts 14801 Spotswood Trl 6,566 SF Retail Building Elkton, VA 22827 $1,434,320 CAD ($218.45 CAD/SF) 7.15% Cap Rate
INVESTMENT HIGHLIGHTS
- Corporate lease | Advance Stores Company, Inc. | 4,285 locations across 3 countries
- Long operating history | Leased since 2002
- Affluent surrounding area | $91,358 average household income within a 3-mile radius
- Great visibility & access from Spotswood Trail | 13,000 VPD
- Steady population growth within 1-mile | 13.75% from 2010-2025
- 5 miles to Merck & Co Pharmaceuticals | 1,000+ employees | 1.1M SF facility | Significant location for the company’s vaccine production
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.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,566 SF
Building Class
B
Year Built
2002
Price
$1,434,320 CAD
Price Per SF
$218.45 CAD
Cap Rate
7.15%
NOI
$102,541 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
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 | $901,428 CAD |
| Land Assessment | $216,122 CAD | Total Assessment | $1,117,550 CAD |
PROPERTY TAXES
Parcel Number
130-11-L2
Land Assessment
$216,122 CAD
Improvements Assessment
$901,428 CAD
Total Assessment
$1,117,550 CAD
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Advance Auto Parts | 14801 Spotswood Trl
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