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Advance Auto Parts 9523 Pulaski Hwy 10,000 SF Retail Building Middle River, MD 21220 $3,064,954 CAD ($306.50 CAD/SF) 6.15% Cap Rate
Investment Highlights
- 2016 build-to-suit construction for Advance Auto Parts
- ±9.5-Years remaining on the base term of a NNN lease, with Three, 5-Year extension options
- 5-Mile population of 236,426 residents
- Recent long term lease extension, proving the tenants commitment to the location and market
- Corporately guaranteed lease from Advance Auto Parts
- Affluent demographics with an average household income of $114,609 annually
Executive Summary
Kyle Matthews
License # 664913 (MD)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
License # 664913 (MD)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,000 SF
Building Class
B
Year Built
2017
Price
$3,064,954 CAD
Price Per SF
$306.50 CAD
Cap Rate
6.15%
NOI
$188,495 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.31 AC
Zoning
BL
Frontage
100’ on Pulaski Hwy
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
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 End | ||
|
|
Retailer | - | - | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 15-1900001880 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $2,229,770 CAD |
Property Taxes
Parcel Number
15-1900001880
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,229,770 CAD
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Advance Auto Parts | 9523 Pulaski Hwy
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