Advance Auto Parts - Fort Wayne, IN
7,000 SF | Retail Building | Fort Wayne, IN 46805 | $726,667 ($104/SF) | 7.50% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $726,667
- Property Type
-
Retail
- Square Feet
- 7,000 SF
- Price / Square Foot
- $104
Listing Contacts
Clifton McCrory
Verified Profile
Adam Scherr
Verified Profile
Daniel Hoogesteger
Verified Profile
Max Freedman
Verified Profile
- Property Info
Property Overview
Sands Investment Group is Pleased to Exclusively Offer For Sale the 7,000 SF Advance Auto Parts Located at 3810 East State Boulevard in Fort Wayne, IN. This Deal Includes Over 3-Years Remaining on a Corporate Guaranteed Lease, Providing For a Secured Investment.
In Cooperation With Sands Investment Group Indiana, LLC - Lic. #RC52000211 BOR: Andrew Ackerman Lic. IN #RB20001918
In Cooperation With Sands Investment Group Indiana, LLC - Lic. #RC52000211 BOR: Andrew Ackerman Lic. IN #RB20001918
Property Details
- Class
- C
- Year Built
- 1998
- Stories
- 1
- Property Subtype
- Vehicle Related
- Lot Size (sq. ft)
- 43,560 SF
Highlights
- Tenant Has Been at This Prime Location Since 1998, Demonstrating a Steadfast Commitment to the Site
- Over 3-Years Remaining on a Corporate-Guaranteed Lease
- Situated Within Fort Wayne, Indiana's Second-Largest City, Boasting a Vibrant Population Exceeding 265,000 Residents
- The Lease is Backed By Advance Auto Parts, a Company With an Investment Grade Credit Rating of BBB- From S&P & Baa2 From Moody's
- Premier Leader in the Automotive Aftermarket Parts Industry With Over 4,700 Stores in Operation
- Founded in 1932, Advance Auto Parts Employs Over 65,000 People Nationwide
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