Advance Auto Parts for Sale in Fort Stockton, TX
Fort Stockton, TX
Key Investment Metrics
Price
$1,117,988
Cap Rate
8.0%
Net Operating Income
$89,440
Building Size
13625 SF
Land Area
0.83 Acres
Remaining Term
4.5 years
Lease Expiration
12/31/2030
Lease Term
15.0 years
Lease Commencement
12/17/2015
Lease Type
NN
Tenant Credit
Credit Rated
Year Built
N/A
Tenancy
Single
Rent Increases
5% increases in options
AI illustration · Not the listed propertyProperty overview
Advance Auto Parts in Fort Stockton
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 13,625 SF
- Land area
- 0.83 acres
- Lease type
- NN
- Lease expiration
- 12/31/2030
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.