Advance Auto Parts

click to view

Price:

CAP Rate:

NOI:

Year Built / Renovated:

Rentable SF:

Lot Size:

$1,075,000

6.50%

70,000

2005

7,000

0.85 acres

Triple Net Lease: Limited landlord responsibilities offer a hands off and hassle free investment opportunity.

Recent Renewal and Extension: Tenant recently renewed for 10 years showing their commitment to the site and the community.

Low Rent & Attractive Price Point: The tenant is paying a very low rent of $10.29 PSF NNN resulting in a very attractive price point of only $1,075,000.

Strong Corporate Lease: Advance Auto Parts has over 4,700 locations and employs 65,000 people nationwide, with 2023 annual sales of $11.3 Billion.

Vibrant Community: Nestled in the heart of Gaston, the property ensures convenient access to community amenities via Hwy 321, which connects to I-26, and is only 13-miles to downtown Columbia.

Major Retailers: Centrally located to major retails and traffic drivers such as Food Lion, Diamond Manufacturing Plant, Family Dollar, Wendy’s, KFC, 7-Eleven, and more.

Thriving and Growing Market: Capitalize on Columbia’s booming market, as it not only stands as the State Capital and second-largest MSA in South Carolina but was recently acclaimed as the #1 Place to Live in the state.

For more information:

Robert Schmidt, CCIM
Director & Shareholder
(864) 678-5995
Peter Couchell, CCIM
Managing Director & Shareholder
(864) 678-5923
Lawrence Myers
Associate
864-313-2817

Property Summary

Property Type:

Retail

Lot Size:

0.85 Acres

Year Built:

2005

Buildings:

1

Stories:

1

Investment Summary

CAP Rate:

6.50%

Account Login

Login to your account now. If you don’t have an account, you can register for one by clicking here.

Account Log Out

Confidentiality Agreement Form


Hidden
Confidentiality Agreement
This Confidentiality Agreement will confirm the mutual understandings of the Undersigned and Owner of Record in connection with NAI Earle Furman, LLC, dba Furman Capital Advisors, LLC and its client (hereinafter referred to as "Protected Parties") providing proprietary information on the requested property (hereinafter called the “Property”) to the Undersigned:

“Information” means all data, reports, records, materials, lease expirations, lease rates or other lease information obtained from Furman Capital Advisors, LLC which is not in the public domain. Information is not meant to include information which: a) at the time of the disclosure is in the public domain; b) after disclosure becomes part of the public domain through no act or omission by the undersigned; c) as shown by written records was prior to disclosure in the possession of the undersigned; d) is rightfully received by the undersigned from third parties who were entitled to receive such information; or e) is obligated to be disclosed pursuant to applicable law, regulation or legal process.

The information is being furnished solely in connection with the consideration of a potential transaction involving the undersigned and shall be treated as “secret” and “confidential” and no portion of it shall be disclosed to others, except to those employees, agents, clients, and customers of the undersigned whose knowledge of the Information is required for use to evaluate that certain real estate as a potential acquisition and who shall assume the same obligations as the undersigned under this Agreement.

It is understood that the Protected Parties are the beneficiaries whose rights are being protected and may enforce the terms of this Confidentiality Agreement as if they were a party to the Agreement.

All information furnished shall be promptly returned or destroyed should there be no interest in that certain real estate acquisition, or otherwise disposed of as directed by the Protected Parties.

It is understood that the Protected Parties makes no representations or warranty as to the completeness or accuracy as to any information.

It is understood that by furnishing this information that the Protected Parties are not agreeing to enter into a transaction regarding the property.

By electronically signing, you represent and warrant to the other parties that (a) You have read, understand and consent to the agreement (“Agreement), (b) all information that you provide is complete and accurate, and (c) you own or have all rights and authority necessary to enter into and perform under the Agreement.

Download Document

 

Account Log Out