643 E Washington St | New Castle, PA 16101
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- LoopNet Team
643 E Washington St
New Castle, PA 16101
Advance Auto Parts - New 10 Year Lease Term · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New Lease Extension - 10 Year Term - Expiration 12/31/2034
- 26 Years of Tenancy - Proven Location
- Very Low Rent - Only $7.07/Foot Annual
- 7.25% Cap Rate at List Price
- Corporate Lease with NYSE Company - AAP
- Close to 50,000 residents within 5 miles.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,052 SF
Building Class
C
Year Built
1993
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.75 AC
Zoning
C1 - a zoning classification that allows for a variety of businesses to serve a local neighborhood
Parking
31 Spaces (3.97 Spaces per 1,000 SF Leased)
Frontage
147’ on U.S. 422 Business
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 04-029700 | Improvements Assessment | $497,648 |
| Land Assessment | $108,719 | Total Assessment | $606,367 |
PROPERTY TAXES
Parcel Number
04-029700
Land Assessment
$108,719
Improvements Assessment
$497,648
Total Assessment
$606,367
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