Advance Auto Parts - Net Lease Property for Sale
Fort Stockton, TX
Key Investment Metrics
Price
$1,117,988
Cap Rate
8.0%
Net Operating Income
$89,440
Building Size
13625 SF
Lot Size
13,625 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
About This Advance Auto Parts Net Lease Property
This Advance Auto Parts NNN (triple net lease) property is located in Fort Stockton, TX and represents an excellent investment opportunity for commercial real estate investors. The property features 13625 square feet of building space.
With a cap rate of 8.0%, this Advance Auto Parts net lease property offers stable income potential. The asking price is $1,117,988, making it an attractive option for 1031 exchange investors seeking quality Advance Auto Parts commercial properties.
Why Invest in Advance Auto Parts NNN Properties?
- Stable Income: Advance Auto Parts net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Advance Auto Parts is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Fort Stockton, TX Market Overview
Located in Fort Stockton, TX, this Advance Auto Parts property benefits from strong local demographics and market fundamentals. The Fort Stockton area offers excellent visibility and accessibility, making it an ideal location for Advance Auto Parts operations and a solid investment for net lease property buyers.