Auto Parts
Advance Auto Parts | NNN | 9.5 Years Remaining | Whitley City, KY
1618 US Hwy 27, Whitley City, KY 42653
Listing Price: $1,333,000
Investment Overview
Marcus & Millichap is pleased to present for sale Advance Auto Parts Triple Net Lease with Nine and a Half Years Remaining in Whitley City, Kentucky. Large 1.8-Acre Site with Prototypical 7,000-Square-Foot Building and Ample Parking Area. US Highway 27 is Primary and Busiest North-South Roadway Serving the Area with 13,710 Vehicles per Day; Cuts thru the Daniel Boone National Forest.
Advance Auto Parts | NNN | 9.5 Years Remaining | Whitley City, KY
Investment Highlights
- Advance Auto Parts Triple-Net Lease with Nine and a Half Years Remaining in Whitley City, KentuckyY
- Rare Zero Landlord Responsibility for Roof, Parking Lot, HVAC and Building Exterior Appearance; Tenant Self-Maintains Property Insurance and CAM
- Extremely Minimal Landlord Responsibilities – Liability Insurance (Can be Umbrella Policy) and Structure/Slab Only
- Tenant Since 2005 (Build-to-Suit) with 18 Years of Tenancy Tenure. Demonstrated Strong Commitment to Site via Recent 10-Year Early Extension Taking Current Term into 2033
- Cheap/Replaceable Rent - $85K Annually; $12 per Square Foot
- Placer.ai Ranked Top 32 Percent (68th Percentile) Nationally Amongst Chain; Top 36 Percent (64th Percentile) within Kentucky
- US Highway 27 is Primary and Busiest North-South Roadway Serving the Area with 13,710 Vehicles per Day; Cuts thru the Daniel Boone National Forest
- Located in the Middle of the Area's Primary Retail Corridor Amongst Kroger, Save-a-Lot, Walgreens, McDonald's, Dollar General, Family Dollar, Arby's, Taco Bell, Little Caesar's
Auto Parts
Advance Auto Parts | NNN | 9.5 Years Remaining | Whitley City, KY
Listing Price: $1,333,000
Investment Highlights
- Advance Auto Parts Triple-Net Lease with Nine and a Half Years Remaining in Whitley City, KentuckyY
- Rare Zero Landlord Responsibility for Roof, Parking Lot, HVAC and Building Exterior Appearance; Tenant Self-Maintains Property Insurance and CAM
- Extremely Minimal Landlord Responsibilities – Liability Insurance (Can be Umbrella Policy) and Structure/Slab Only
- Tenant Since 2005 (Build-to-Suit) with 18 Years of Tenancy Tenure. Demonstrated Strong Commitment to Site via Recent 10-Year Early Extension Taking Current Term into 2033
- Cheap/Replaceable Rent - $85K Annually; $12 per Square Foot
- Placer.ai Ranked Top 32 Percent (68th Percentile) Nationally Amongst Chain; Top 36 Percent (64th Percentile) within Kentucky
- US Highway 27 is Primary and Busiest North-South Roadway Serving the Area with 13,710 Vehicles per Day; Cuts thru the Daniel Boone National Forest
- Located in the Middle of the Area's Primary Retail Corridor Amongst Kroger, Save-a-Lot, Walgreens, McDonald's, Dollar General, Family Dollar, Arby's, Taco Bell, Little Caesar's
Investment Overview
Marcus & Millichap is pleased to present for sale Advance Auto Parts Triple Net Lease with Nine and a Half Years Remaining in Whitley City, Kentucky. Large 1.8-Acre Site with Prototypical 7,000-Square-Foot Building and Ample Parking Area. US Highway 27 is Primary and Busiest North-South Roadway Serving the Area with 13,710 Vehicles per Day; Cuts thru the Daniel Boone National Forest.
