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Advance Auto Parts

Carthage, New York

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NNN Pro is pleased to present the exclusive listing for an Advance Auto
Parts located at 12 A Broad St, Carthage, NY 13619. The site consists of
roughly 7,000 rentable square feet of building space on an estimated 1.2-
acre parcel of land. This Advance Auto Parts is subject to a 10 Years-year
Double Net (NN) lease, which commenced 1/1/2004. The current annual
rent is $75,600 and has scheduled increases in the options.

INVESTMENT HIGHL IGHTS

Advance Auto holds an investment grade S&P rating of BBB

2, 5-Year Renewal Options

Tenant Has been in Building since 2004

Key Details

Price:
$1,163,077
Cap Rate:
6.50%
Annual Rent:
$75,600
Address:
12A Broad St, Carthage, New York 13619
Property Type:
Retail
Lease Type:
Automotive

Original Lease Term:
10 Years
Lease Commencement:
1/1/2004
Lease Expiration:
12/31/2034
Rental Increases:
In Options
Lot Size:
1.2 Acres
Building Size:
7,000 SF
Year Built:
2003
Tenant:
Advance Auto Parts

Talk to the pros

Glen Kunofsky

License: 49KU1129178

Cassandra Mosser


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