Advance Auto Parts for Sale in Exmore, VA
Exmore, VA
Key Investment Metrics
Price
$2,100,000
Cap Rate
7.2%
Net Operating Income
$152,064
Building Size
6912 SF
Land Area
0.82 Acres
Remaining Term
14 years
Lease Term
15 years
Lease Type
NN
Tenant Credit
Corporate Guarantee
Year Built
2024
Occupancy
100%
Tenancy
Single
Rent Increases
10% Every 5 Years Beginning in Year 11
AI illustration · Not the listed propertyProperty overview
Advance Auto Parts in Exmore
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 6,912 SF
- Land area
- 0.82 acres
- Year built
- 2024
- Lease type
- NN
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.