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Advance Auto Parts - Eden, NC 735 S Van Buren Rd 6,791 SF Retail Building Eden, NC 27288 $1,808,996 CAD ($266.38 CAD/SF) 7.65% Cap Rate

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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 4,300 Stores in Operation
  • Publicly Traded Entity on the New York Stock Exchange (NYSE: AAP)
  • Within a 3-Mile Radius, Eden Features a Demographic Profile Hosting 15,784 Residents With an Average Household Income of $63,544
  • Founded in 1932, Advance Auto Parts Employs Over 62,000 People Nationwide
  • The On-Demand Need For Parts By Local Shops and DIY Mechanics, Combined With the High Shipping Costs For Batteries and Other Parts

EXECUTIVE SUMMARY

Sands Investment Group is Pleased to Exclusively Offer For Sale the 6,791 SF Advance Auto Parts Located at 735 S Van Buren Rd in Eden, NC. 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 North Carolina, LLC - Lic. #29362 BoR: Chris Sands - Lic. NC #300021

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,791 SF
Building Class
C
Year Built
2004
Price
$1,808,996 CAD
Price Per SF
$266.38 CAD
Cap Rate
7.65%
NOI
$138,388 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.49 AC
Zoning
Commercial
Parking
38 Spaces (5.6 Spaces per 1,000 SF Leased)

AMENITIES

  • Corner Lot
  • Pylon Sign
  • Signage
  • Signalized Intersection

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Advance Auto Parts
  • Retailer
  • 6,791 SF
  • $20.38 CAD
  • Double Net
  • Feb 2030
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Advance Auto Parts Retailer 6,791 SF $20.38 CAD Double Net Feb 2030

NEARBY MAJOR RETAILERS

Food Lion
Chopstix
Woodforest National Bank
Truist
Ruby Tuesday
Planet Fitness
First Citizens Bank
Ymca

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
141704
Land Assessment
$541,359 CAD
Improvements Assessment
$662,142 CAD
Total Assessment
$1,203,501 CAD
  • Listing ID: 36222826

  • Date on Market: 2025-06-12

  • Last Updated:

  • Address: 735 S Van Buren Rd, Eden, NC 27288

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