Advance Auto Parts

1230 Roosevelt Blvd | Monroe | NC | 28110


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Property Highlights

    • Corporate Advance Auto Parts (AAP)
    • AAP has been open and operating at this location since 1997
    • Recent lease extension
    • Located on heavily trafficked Roosevelt Blvd (US 74), traffic counts of 55,000+ vpd
    • Tenants in immediate area include McDonald’s, Wendy’s, Sonic, Captain D’s & Aldi among others
    • Charlotte is approximately 25 miles north west of the property
    • Below market rent

Property Details

  • Price: $ 1,768,000
  • Transaction Type: For Sale
  • Property Type: Retail
  • Building Size: 7,000 SF
  • Lot Size: .64 AC
  • Cap Rate: 4.75%

Tenant Information

Tenant SF OccupiedLease End Date
Advance Auto Parts : 700012/31/2027
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Financial Summary

Investment Highlights

Price $1,768,000.00
Price / Unit $0.00
Gross Rent Multiplier 0.00
Proposed Loan Amount $0.00
Initial Investment $1,768,000.00

 

Income & Expenses

Income
Potential
Current

 

Expense
Potential
Current
Total Expenses
$ 0.00
$ 0.00
Net Operating Income$0.00$0.00
Less Debt Service$0$0
Potential Net Cash Flow$0.00$0.00
Cash on Cash Return0.00 %0.00 %
Capitalization Rate0.00 %0.00 %

Rent Roll

Unit
BR/BA
Current Monthly Rent
Potential Monthly Rent
Status
Lease Expires

Totals

$ 0.00

$ 0.00

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