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Advance Auto Parts Rock Island 3813 18th Ave 7 000 pi² Commerce de détail Immeuble Rock Island, IL 61201 2 008 910 $ CAD (286,99 $ CAD/pi²) 7,15% Taux de capitalisation

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Certaines informations ont été traduites automatiquement.

FAITS SAILLANTS DE L'INVESTISSEMENT

Over 10 Years of Firm Term Remaining Plus Three (3) 5-Year Renewal Options
NN Lease With Limited LL Responsibilities (Structural: Slab and Foundation) | No ROFR/ROFO
Quad Cities Location (Rock Island, IL): Bi-State Metro With Diversified Demand Drivers

18.00 Percent Rent Increase in Renewal Option 1 | 7.00 Percent in Renewal Option 2 | 6.00 Percent in Renewal Option 3
Corporately Operated by Advance Stores Company, Inc.
(Rock Island Arsenal, Healthcare, Education) and Access to Interstates 74, 80, 88 and 280

RÉSUMÉ DE L'ANNONCE

Marcus & Millichap is pleased to present the fee simple interest in a 7,000-square-foot Advance Auto Parts located at 3813 18th Ave. in Rock Island, IL. The property is leased on a double-net (NN) basis to Advance Stores Company, Inc., with approximately ten years of firm term remaining, expiring December 31, 2035.
The lease features three five-year renewal options with fixed rent increases of 18.00 percent, 7.00 percent and 6.00 percent, respectively, providing durable income and option-period growth. Landlord obligations are limited to structural elements (slab and foundation). There is no ROFR/ROFO, preserving flexibility for future dispositions or recapitalizations.
Situated within the Quad Cities — a regional hub anchored by manufacturing, healthcare, education, logistics and the Rock Island Arsenal — the location benefits from stable, year-round demand for auto parts and service-oriented retail. The 2006 construction on 0.84 acres and a rent level of $14.82 per square foot support long-term tenancy fundamentals.

FAITS SUR LA PROPRIÉTÉ

Type de vente

Investissement pour loyer hypernet

Type de propriété

Commerce de détail

Sous-type de propriété

Immeuble de commerce

Taille du bâtiment

7 000 pi²

Classe d’immeuble

Année de construction

2007

Prix

2 008 910 $ CAD

Prix par pi²

286,99 $ CAD

Taux de capitalisation

7,15%

Revenu net d’exploitation

143 611 $ CAD

Location

Unique

Hauteur du bâtiment

1 étage

Coefficient d’occupation des sols de l’immeuble

0,19

Taille du lot

0,84 AC

Zonage

Stationnement

46 places (6,57 places par 1 000 pi² loué)

Façade

120’ sur 18th Ave

Lot de coin
Enseigne sur pylône

Affichage

Intersection avec signalisation

Affichage sur monument

Détaillant
99,999 SF
$9.99
Lorem Ipsum
Jan 0000

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.