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1040 N Main St
Madisonville, KY 42431
Commerce de détail Propriété À vendre


Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- Single-tenant, double-net (NN) Advance Auto Parts.
- Strong street frontage and direct access along U.S. Route 41, dominant retail artery connecting to Madisonville's core retail and residential base.
- 30,000+ daytime population within a 5-mile radius, anchored by a manufacturing-driven workforce with consistent demand.
- Prime location along North Main Street with traffic counts exceeding 20,000+ vehicles per day.
- 6-year remaining lease term with one (1) five-year renewal option, delivering immediate, passive income.
- Average household income of $66,825 within five miles, closely aligned with Advance Auto Parts' core customer profile.
Résumé de l'annonce
Franklin Street is pleased to present the exclusive offering of a single tenant, double-net (NN) Advance Auto Parts located at 1040 N Main Street in Madisonville, Kentucky. Positioned along North Main Street — the city's primary commercial spine and a direct extension of U.S. Route 41 — the property benefits from exceptional street frontage,
convenient access, and over 20,000 vehicles per day in daily traffic, serving the daily-needs retail demand of Madisonville's established residential communities and a regional trade area drawing from across Hopkins County.
The lease features six years of remaining term with one five-year renewal option, generating $62,700 in net operating income against a vehicle-dependent consumer base with a daytime population of over 30,000 within five miles. Advance Auto Parts operates this location as part of its strategically optimized national portfolio, having completed a deliberate restructuring of its store base in 2024–2025, the retained locations represent the brand's highest-conviction, longest-tenured assets in their respective markets, reinforcing the long-term significance of this site to Advance's regional presence.
Founded in 1929 and headquartered in Raleigh, North Carolina, Advance Auto Parts is one of the largest automotive aftermarket parts providers in North America, operating approximately 4,285 stores across the U.S., Canada, Puerto Rico, and the U.S. Virgin Islands with $8.6 billion in net sales (FY2025). Madisonville's role as the dominant commercial and employment center of Hopkins County, its manufacturing-anchored economy supported by major employers including GE Aviation and Baptist Health Madisonville, and the consistent vehicle-dependent traffic patterns along the North Main Street corridor make this a compelling net lease investment in one of western Kentucky's most established regional trade markets.
convenient access, and over 20,000 vehicles per day in daily traffic, serving the daily-needs retail demand of Madisonville's established residential communities and a regional trade area drawing from across Hopkins County.
The lease features six years of remaining term with one five-year renewal option, generating $62,700 in net operating income against a vehicle-dependent consumer base with a daytime population of over 30,000 within five miles. Advance Auto Parts operates this location as part of its strategically optimized national portfolio, having completed a deliberate restructuring of its store base in 2024–2025, the retained locations represent the brand's highest-conviction, longest-tenured assets in their respective markets, reinforcing the long-term significance of this site to Advance's regional presence.
Founded in 1929 and headquartered in Raleigh, North Carolina, Advance Auto Parts is one of the largest automotive aftermarket parts providers in North America, operating approximately 4,285 stores across the U.S., Canada, Puerto Rico, and the U.S. Virgin Islands with $8.6 billion in net sales (FY2025). Madisonville's role as the dominant commercial and employment center of Hopkins County, its manufacturing-anchored economy supported by major employers including GE Aviation and Baptist Health Madisonville, and the consistent vehicle-dependent traffic patterns along the North Main Street corridor make this a compelling net lease investment in one of western Kentucky's most established regional trade markets.
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
7 836 pi²
Année de construction
1995
Prix
1 254 024 $ CAD
Prix par pi²
160,03 $ CAD
Taux de capitalisation
7,45%
Revenu net d’exploitation
93 426 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,22
Taille du lot
0,81 AC
Zonage
GC
Stationnement
40 places (5,1 places par 1 000 pi² loué)
Impôts fonciers
| Numéro de lot | M-31-4-12 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 0 $ CAD | Évaluation totale | 654 539 $ CAD |
Impôts fonciers
Numéro de lot
M-31-4-12
Évaluation du terrain
0 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
654 539 $ CAD
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