Advance Auto
7,000 SF | Retail Building | Jackson, MI 49203 | $628,000 ($90/SF) | 7.25% Cap Rate
For Sale
Active
- Date Added:
- September 16, 2024
- Days on Market:
- 2 days
Asking Price $628,000
- Property Type
-
Retail
- Square Feet
- 7,000 SF
- Price / Square Foot
- $90
Listing Contacts
David De Maagd
Verified Profile
- Property Info
Property Overview
SVN/Investment Property Advisors is pleased to offer this longstanding Advance Auto Parts with 1.5+ Years of Term at a 7.25% Cap Rate. Lease is NN with minimal Landlord responsibilities. This 7,000 SF free-standing building, constructed in 2000, is in Jackson (South-Central Michigan), has been well-maintained and has a low price point. Nearby retail traffic drivers include CSL Plasma, Family Dollar, Dollar General, Hammond Hardware and Regal Tire Sales.
Property Details
- Class
- C
- Year Built
- 2000
- Stories
- 1
- Property Subtype
- Freestanding
- Lot Size (sq. ft)
- 33,106 SF
Highlights
- -Fortune 500 Tenant
- - Double Net (NN) Lease Structure with Minimal Landlord Responsibilities
- - Low Price Point 7,000 SF free-standing building
- - Longstanding Tenant
- -Built in 2000 with more recent remodeling and roof sealing
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