Log In/Sign Up
Your email has been sent.
Advance Auto Parts - Clinton, IN 1798 E State Road 163 6,889 SF Retail Building Clinton, IN 47842 $1,592,160 CAD ($231.12 CAD/SF) 8.75% Cap Rate
INVESTMENT HIGHLIGHTS
- The Lease is Backed By Advance Auto Parts, a Company With an Investment-Grade Credit Rating of BB+ From S&P and Ba1 From Moody's
- Premier Leader in the Automotive Aftermarket Parts Industry With Over 4,200 Stores in Operation
- Publicly Traded Entity on the New York Stock Exchange (NYSE: AAP)
- Within a 3-Mile Radius, Clinton Features a Demographic Profile Hosting 8,511 Residents With an Average Household Income of $77,752
- Founded in 1932, Advance Auto Parts Employs Over 62,000 People Nationwide
EXECUTIVE SUMMARY
Sands Investment Group is Pleased to Exclusively Offer For Sale the 6,889 SF Advance Auto Parts Located at 1798 East State Road 163 in Clinton, IN. This Deal Includes a Lease Which is Backed By Advance Auto Parts, a Company With an Investment-Grade Credit Rating of BB+ From S&P and Ba1 From Moody's, and $9.1 Billion in Annual Sales For 2024, Providing For a Secured Investment.
In Cooperation With Sands Investment Group Indiana, LLC - Lic. #RC52000211 BoR: Andrew Ackerman - Lic. IN #RB20001918
In Cooperation With Sands Investment Group Indiana, LLC - Lic. #RC52000211 BoR: Andrew Ackerman - Lic. IN #RB20001918
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
6,889 SF
Building Class
C
Year Built
2004
Price
$1,592,160 CAD
Price Per SF
$231.12 CAD
Cap Rate
8.75%
NOI
$139,314 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.91 AC
Zoning
C - Commercial
Parking
40 Spaces (5.71 Spaces per 1,000 SF Leased)
Frontage
205’ on East State Road 163
AMENITIES
- Pylon Sign
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Advance Auto Parts
- Retailer
- 6,889 SF
- $20.23 CAD
- Double Net
- Dec 2028
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Advance Auto Parts | Retailer | 6,889 SF | $20.23 CAD | Double Net | Dec 2028 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 83-13-17-400-002.002-001 | Improvements Assessment | $518,353 CAD |
| Land Assessment | $28,202 CAD | Total Assessment | $546,555 CAD |
PROPERTY TAXES
Parcel Number
83-13-17-400-002.002-001
Land Assessment
$28,202 CAD
Improvements Assessment
$518,353 CAD
Total Assessment
$546,555 CAD
CONTACTS
-
Jake Mahon -
Jack Liberatore -
Clifton McCrory -
Adam Scherr -
Sands Investment Group
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Advance Auto Parts - Clinton, IN | 1798 E State Road 163
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.