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600 N Morton St
Franklin, IN 46131
 Advance Auto Parts - Franklin, IN · Retail Property For Sale

Retail Buildings Indiana Franklin 600 N Morton St, Franklin, IN 46131

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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
  • 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, Franklin Features a Demographic Profile Hosting 26,335 Residents With an Average Household Income of $87,401
  • 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 6,157 SF Advance Auto Parts Located at 600 North Morton Street in Franklin, 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 Secure Investment.

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
Freestanding
Building Size
6,157 SF
Building Class
B
Year Built
2010
Price
$2,537,348 CAD
Price Per SF
$412.11 CAD
Cap Rate
7%
NOI
$177,614 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.03 AC
Zoning
GB
Parking
25 Spaces (4.06 Spaces per 1,000 SF Leased)
Frontage
170’ on N Morton St

AMENITIES

  • Pylon Sign
  • Signage

LINKS

PROPERTY TAXES

Parcel Number 41-08-15-014-001.019-009 Improvements Assessment $681,467 CAD
Land Assessment $329,426 CAD Total Assessment $1,010,894 CAD

PROPERTY TAXES

Parcel Number
41-08-15-014-001.019-009
Land Assessment
$329,426 CAD
Improvements Assessment
$681,467 CAD
Total Assessment
$1,010,894 CAD
 

  • Listing ID: 36550308

  • Date on Market: 2025-07-01

  • Last Updated:

  • Address: 600 N Morton St, Franklin, IN 46131

The Retail Property at 600 N Morton St, Franklin, IN 46131 is currently available for Sale. Contact Sands Investment Group for more information.

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