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Advance Auto Parts

Rome, New York

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NNN Pro is pleased to present the exclusive listing for an Advance Auto
Parts located at 1820 Black River Blvd N, Rome, NY 13619. The site consists
of roughly 8,410 rentable square feet of building space on an estimated
0.587-acre parcel of land. This Advance Auto Parts is subject to a 10-year
Double Net (NN) lease, which commenced 1/1/2004. The current annual
rent is $84,067 and is scheduled to increase in the options.

Investment Highlights:

10 + Year Corporate Lease
Advance Auto holds an investment grade S&P rating of BBB- High Traffic Location
Over 20,000 VPD pass the Subject Property on Black River Blvd
Surrounded By National Tenants
McDonald’s, Market 32, Burger King, Starbucks, Applebee’s, Family Dollar,
Dunkin’, Dollar Tree, Moe’s and Many More

Key Details

Price:
$1,313,547
Cap Rate:
6.40%
Annual Rent:
$84,067
Address:
1820 Black River Blvd N, Rome, New York 13619
Property Type:
Automotive
Lease Type:
Double Net (NN)

Original Lease Term:
10 Years
Lease Commencement:
1/1/2004
Lease Expiration:
12/31/2024
Lease Term Remaining:
10.8 Years
Lot Size:
0.59 Acres
Building Size:
8,410 SF
Year Built:
2003
Tenant:
Advance Auto Parts

Talk to the pros

Glen Kunofsky

License: 49KU1129178

Cassandra Mosser


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