Auto Parts
10 year lease - Advance Auto Parts
643 W Washington St, New Castle, PA 16101
Listing Price: $773,100
Investment Overview
Marcus & Millichap is proud to present the opportunity to purchase a corporate Advance Auto Parts located in the city of New Castle, Pennsylvania with a newly extended 10 year lease. The subject is located at the corner of Spruce St., and East Washington Street and just off the signalized intersection of Butler. East Washington Street is also known as Route 65. Route 65 is also known as "65th Infantry Division Memorial Highway" and starts in New Castle and runs over 50 miles to the heart of Pittsburgh. New Castle PA is located in very western quadrant of Pennsylvania and very close to the border of Ohio. Youngstown Ohio is a mere 18 miles away.
Broker of Record
Financing By
Listing Price: $773,100
Investment Highlights
- Brand New Extension - 10 Year Lease Term
- 7.25% Cap Rate At List Price
- Proven Location - 26 Years At This Location
- Signalized Corner
- Corporate Guarantee by NYSE Company
- Very Low Rent
Investment Overview
Marcus & Millichap is proud to present the opportunity to purchase a corporate Advance Auto Parts located in the city of New Castle, Pennsylvania with a newly extended 10 year lease. The subject is located at the corner of Spruce St., and East Washington Street and just off the signalized intersection of Butler. East Washington Street is also known as Route 65. Route 65 is also known as "65th Infantry Division Memorial Highway" and starts in New Castle and runs over 50 miles to the heart of Pittsburgh. New Castle PA is located in very western quadrant of Pennsylvania and very close to the border of Ohio. Youngstown Ohio is a mere 18 miles away.
Broker of Record
Financing By
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