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Auto Parts

Advance Auto Parts - Bluefield, WV

3160 E Cumberland Rd, Bluefield, WV 24701

Listing Price: $1,000,000

Cap Rate
6.76%
Tenant Name
Advance Auto
Years Remaining On Lease
5.2
Gross SF
7,000
Guarantor
No Guarantee
Rentable SF
7,000
Price/Gross SF
$142.86
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$9.65

Investment Overview

Marcus & Millichap presents for sale the Advance Auto Parts on Cumberland Road in Bluefield, West Virginia. This 7,000 square foot property sits on 1.06 acres inone of the main retail corridors of the city. The lease structure is triple net with five years remaining on the lease and three additional five-year options available.

Bluefield, WV is home to Bluefield State Univeristy and is the largest city in Mercer County. Bluefield is
known as ‘‘Nature’s Air-Conditioned City,’’ and civic officials distribute free lemonade on the infrequent days when the temperature exceeds 90 degrees.

Investment Highlights

  • Five Years Remaining on Current Lease Term
  • Three, 5-Year Options Available with Increases at Each Option
  • 19-Year Operating History
  • Triple Net Lease
  • Recent Lease Extension by Tenant

Broker of Record

  • Sean Beuche

    Vice President/Regional Manager

    (215) 531-7000

    License(s) WV: WVB220300809

    West Virginia

Auto Parts

Advance Auto Parts - Bluefield, WV

Listing Price: $1,000,000

Cap Rate
6.76%
Tenant Name
Advance Auto
Years Remaining On Lease
5.2
Gross SF
7,000
Guarantor
No Guarantee
Rentable SF
7,000
Price/Gross SF
$142.86
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$9.65

Investment Highlights

  • Five Years Remaining on Current Lease Term
  • Three, 5-Year Options Available with Increases at Each Option
  • 19-Year Operating History
  • Triple Net Lease
  • Recent Lease Extension by Tenant

Investment Overview

Marcus & Millichap presents for sale the Advance Auto Parts on Cumberland Road in Bluefield, West Virginia. This 7,000 square foot property sits on 1.06 acres inone of the main retail corridors of the city. The lease structure is triple net with five years remaining on the lease and three additional five-year options available. Bluefield, WV is home to Bluefield State Univeristy and is the largest city in Mercer County. Bluefield is known as ‘‘Nature’s Air-Conditioned City,’’ and civic officials distribute free lemonade on the infrequent days when the temperature exceeds 90 degrees.

Broker of Record

  • Sean Beuche

    Vice President/Regional Manager

    (215) 531-7000

    License(s): WV: WVB220300809

    West Virginia

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