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Advance Auto Parts 1701 W Frank Ave 7 000 pi² Commerce de détail Immeuble Lufkin, TX 75904 1 407 006 $ CAD (201,00 $ CAD/pi²) 6,75% Taux de capitalisation
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FAITS SAILLANTS DE L'INVESTISSEMENT
- Commitment to Location: Advance Auto Parts recently reaffirmed its commitment to this location by executing a 7-year lease extension
- Tax-Free Advantage: Located in Texas, the asset benefits from the state’s lack of personal income tax, enhancing after-tax investment returns.
- Signalized Hard Corner with Retail Synergy: The property is surrounded by complementary credit retailers (Brookshire Brothers, Chick-Fil-A, McDonald’s
- Established Operating History: The tenant has operated continuously at this site since 2002, demonstrating 24 years of proven performance
- High-Performing Store: This location ranks in the 75th percentile of all Advance Auto Parts stores nationwide (per Alpha Maps)
- Dense and Growing Population: With approximately 50,000 residents within a 5-mile radius, the area provides a robust customer base and strong demand
RÉSUMÉ DE L'ANNONCE
Patrick Graham
License # 9005919 (TX)
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave., Ste. 750, Dallas, TX 75225
(866) 889-0550
FAITS SUR LA PROPRIÉTÉ
PRINCIPAUX LOCATAIRES
- LOCATAIRE
- SECTEUR
- pi² OCCUPÉ
- LOYER/pi²
- TYPE DE BAIL
- FIN DU BAIL
-
- Détaillant
- -
- 14,29 $ CAD
- Loyer hypernet
- Déc. 2024
Advance Auto Parts, Inc. is a publicly traded automotive aftermarket parts retailer (NYSE: AAP) founded on April 29, 1932 by Arthur Taubman. Headquartered in Raleigh, North Carolina, the company operates over 4,000 stores across the United States, Puerto Rico, and Canada, along with Carquest and Worldpac branches. Advance Auto Parts serves both do-it-yourself (DIY) customers and professional installers, offering a wide range of products including batteries, brakes, engine components, and maintenance supplies. The company also provides in-store services such as battery testing, installation, and recycling. With a workforce of approximately 62,800 employees, Advance Auto Parts emphasizes convenience through its e-commerce platform and same-day delivery options. The firm has grown through strategic acquisitions, including Carquest and Worldpac, and continues to expand its footprint while focusing on operational efficiency and customer service.
| LOCATAIRE | SECTEUR | pi² OCCUPÉ | LOYER/pi² | TYPE DE BAIL | FIN DU BAIL | |
|
|
Détaillant | - | 14,29 $ CAD | Loyer hypernet | Déc. 2024 |
PRINCIPAUX DÉTAILLANTS À PROXIMITÉ
Impôts fonciers
| Numéro de lot | 89703 | Évaluation des bâtiments | 418 341 $ CAD |
| Évaluation du terrain | 248 736 $ CAD | Évaluation totale | 667 077 $ CAD |
Impôts fonciers
CONTACTS
-
Dylan Schroeder -
Connor Knauer -
Michael Wolsiefer -
Matthews Real Estate Investment Services
Présenté par
Advance Auto Parts | 1701 W Frank Ave
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