Your email has been sent.
Advance Auto Parts 431 Genesee St 6,806 SF Retail Building Chittenango, NY 13037 $2,092,650 CAD ($307.47 CAD/SF) 8% Cap Rate
Investment Highlights
- Built-to-suit for Advance Auto Parts in 2007; early lease extension through November 2032
- Located in Syracuse MSA with close proximity to I-90 seeing ±36,300 vehicles daily
- Strong average household income of $121,032 within a 5-mile radius
- NN lease corporate guaranteed by Advance Stores Company, Inc. (S&P Rated BB)
- Surrounded by Burger King, Best Buy, Home Depot, Dick's Sporting Goods, and more
- Essential retailer with consistent operations and rent payments through COVID-19
Executive Summary
License # 10311210106 (NY), 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Amenities
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
-
Jan 0000
Advance Auto Parts began in 1932 when Arthur Taubman acquired Advance Stores in Virginia, and the business later developed into a publicly traded automotive aftermarket retailer. The company serves professional installers and do-it-yourself customers through retail stores, online shopping, and customer support services, with offerings that include replacement parts, accessories, batteries, and maintenance items. Advance Auto Parts also operates the Carquest brand and maintains a broad North American presence that includes the United States, Canada, Puerto Rico, and the U.S. Virgin Islands.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | Jan 0000 |
Property Taxes
| Parcel Number | 254801-041-081-0001-047-000-0000 | Improvements Assessment | $664,068 CAD |
| Land Assessment | $203,685 CAD | Total Assessment | $867,752 CAD |
Property Taxes
Contacts
-
Landon Reynolds -
Josh Bishop -
Scotty Latimer -
Matthews Real Estate Investment Services
Presented by
Advance Auto Parts | 431 Genesee St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.