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504 S Heaton St
Knox, IN 46534
Advance Auto Parts · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long-Term Commitment to the Site with the Tenant Having Nearly 20 Years at this Location
- Situated Within a Retail Corridor and Surrounded by National Retailers Including Burger King, McDonald's, Taco Bell, Tractor Supply Co, and Subway
- Corporate Guarantee | NYSE: AAP | S&P 600 Component
- Lease Supports Three (3), 5-Year Renewal Options with 5% Rent Increases in Each Option
- Easily Accessible with Multiple Points of Access and Ample Parking Spaces
- Average Household Income Exceeds $74,000 within a 5-mile Radius of the Subject Property
EXECUTIVE SUMMARY
Long-Term Commitment to the Site with the Tenant Having Nearly 20 Years at this Location
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,000 SF
Building Class
B
Year Built
2006
Price
$2,013,132 CAD
Price Per SF
$287.59 CAD
Cap Rate
7.75%
NOI
$156,018 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.85 AC
Zoning
KCP/Z
Frontage
264’ on Heaton St
PROPERTY TAXES
| Parcel Number | 75-06-23-301-114.000-004 | Improvements Assessment | $480,599 CAD |
| Land Assessment | $228,656 CAD | Total Assessment | $709,256 CAD |
PROPERTY TAXES
Parcel Number
75-06-23-301-114.000-004
Land Assessment
$228,656 CAD
Improvements Assessment
$480,599 CAD
Total Assessment
$709,256 CAD
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