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3701 I-75 Business Spur
Sault Sainte Marie, MI 49783
 Advance Auto Parts - Sault Sainte Marie, MI · Retail Property For Sale

Retail Spaces Michigan Sault Sainte Marie 3701 I-75 Business Spur, Sault Sainte Marie, MI 49783

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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
  • Within a 3-Mile Radius, Sault Sainte Marie Features a Demographic Profile of 4,786 Residents With an Average Household Income of $94,878
  • Founded in 1932, Advance Auto Parts Employs Over 62,000 People Nationwide
  • Lease Includes a Significant 20% Rent Increase at the Beginning of the First Option Period, Enhancing Future Revenue Potential
  • 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)

EXECUTIVE SUMMARY

Sands Investment Group is Pleased to Exclusively Offer For Sale the 7,000 SF Advance Auto Parts Located at 3701 I-75 Business Spur in Sault Sainte Marie, MI. 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 Michigan, LLC - Lic. # 6505424119 31235 Harper Avenue, St. Clair Shores, MI 48082 Direct# 586.210.6178 Broker of Record: Max Freedman - MI Lic. # 6502424113

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
7,000 SF
Building Class
C
Year Built
2003
Price
$1,406,853 CAD
Price Per SF
$200.98 CAD
Cap Rate
8%
NOI
$112,548 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.64 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
C - Commercial
Parking
27 Spaces (3.86 Spaces per 1,000 SF Leased)
Frontage
197’ on I-75 Business Spur

AMENITIES

  • Pylon Sign
  • Signage

LINKS

 

  • Listing ID: 36552453

  • Date on Market: 2025-07-01

  • Last Updated:

  • Address: 3701 I-75 Business Spur, Sault Sainte Marie, MI 49783

The Retail Property at 3701 I-75 Business Spur, Sault Sainte Marie, MI 49783 is currently available for Sale. Contact Sands Investment Group for more information.

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