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Advance Auto Parts

Auburn, New York

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NNN Pro is pleased to present the exclusive listing for an Advance Auto
Parts located at 286 Grant Ave, Auburn, NY, 13021. The site consists of
roughly 6,972 rentable square feet of building space on an estimated 0.925-
acre parcel of land. This Advance Auto Parts is subject to a 10-year Double
Net (NN) lease, which commenced 2/6/2005. The current annual rent is
$110,806 and has scheduled increases in the options.

INVESTMENT HIGHL IGHTS

Advance Auto holds an Investment Grade S&P Rating of BBB

3, 5-Year Renewal Options

Tenant Has been in Building since 2005

Key Details

Price:
$1,772,890
Cap Rate:
6.25%
Annual Rent:
$110,806
Address:
286 Grant Avenue, Auburn, New York 13021
Lease Type:
Double Net (NN)

Original Lease Term:
10 Years
Lease Commencement:
2/6/2005
Lease Expiration:
12/31/2034
Rental Increases:
In Options
Lot Size:
.93 Acres
Building Size:
6,972 SF
Year Built:
2002
Tenant:
Advance Auto Parts

Talk to the pros

Glen Kunofsky

License: 49KU1129178

Cassandra Mosser


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