Log In/Sign Up
Your email has been sent.
Advance Auto Parts - Calera, AL 7951 Highway 31 7,000 SF Retail Building Calera, AL 35040 $2,040,651 CAD ($291.52 CAD/SF) 8.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Situated Just 30 Minutes From Birmingham, Alabama's SecondLargest City, With a Population of Over 195,000 Residents
- 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
- Founded in 1932, Advance Auto Parts Employs Over 62,000 People Nationwide
- Positioned Along US-31, a Major Thoroughfare Connecting Birmingham to Montgomery, Enhancing Visibility and Traffic to the Property
- Premier Leader in the Automotive Aftermarket Parts Industrremier Leader in the Automotive Aftermarket Parts Industry With Over 4,200 Stores
- Publicly Traded Entity on the New York Stock Exchange (NYSE: AAP)
EXECUTIVE SUMMARY
Sands Investment Group is Pleased to Exclusively Offer For Sale the 7,000 SF Advance Auto Parts Located at 7951 Highway 31 in Calera, AL. 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.
BoR: Andrew Ackerman - Lic. AL #1089690
BoR: Andrew Ackerman - Lic. AL #1089690
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
7,000 SF
Building Class
C
Year Built
2008
Price
$2,040,651 CAD
Price Per SF
$291.52 CAD
Cap Rate
8.75%
NOI
$178,557 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.31 AC
Zoning
C - Commercial
Parking
42 Spaces (6 Spaces per 1,000 SF Leased)
Frontage
249’ on Hwy 31
AMENITIES
- Pylon Sign
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Retailer
- 7,000 SF
- $25.49 CAD
- Double Net
- Jan 2028
Advance Auto Parts, Inc. est l'un des principaux fournisseurs de pièces de rechange automobiles qui sert à la fois les installateurs professionnels et les clients de bricoleurs. Au 5 octobre 2024, Advance exploitait 4 781 magasins principalement aux États-Unis, et d'autres au Canada, à Porto Rico et aux îles Vierges américaines. L'entreprise a également desservi 1 125 magasins indépendants de marque Carquest dans ces endroits, en plus du Mexique et de diverses îles des Caraïbes.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Retailer | 7,000 SF | $25.49 CAD | Double Net | Jan 2028 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $226,314 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$226,314 CAD
CONTACTS
-
Jake Mahon -
Jack Liberatore -
Clifton McCrory -
Adam Scherr -
Sands Investment Group
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Advance Auto Parts - Calera, AL | 7951 Highway 31
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.