Auto Parts
Advance Auto Parts
3805 Nash St NW, Wilson, NC 27896
Listing Price: $1,080,000
Investment Overview
Marcus & Millichap is pleased to offer for sale the fee simple interest in 3805 Nash St. NW, Wilson, North Carolina 27896 (the Property), a 7,000-square-foot Auto Parts Store in which Advance Auto Parts has over 10 years remaining on their double-net lease. The tenant has operated at this location since 2003 and has three, five-year renewal options remaining, with a 36 percent rent increase in the first option and a 5 percent rent increase in the second and third option to offset inflation.
The Property is strategically located near the signalized intersection of two major retail corridors anchored by Shell and Exxon, with neighboring retail tenants including Bojangles, Taco Bell, Dairy Queen, Pizza Hut and CVS. Additionally, the Property is less than three miles east of the Wilson Industrial Air Center.
Investment Highlights
- Prime Retail Location — Visibility to Over 45,000 Vehicles per Day
- Over 10 Years Remaining on Double-Net Lease — Minimal Landlord Responsibilities
- Three, Five-Year Renewal Options Remaining
- Significant Rent Increase in First, Five-Year Renewal Option
- Nearby Retailers Include Shell, Exxon, Bojangles, Taco Bell, Dairy Queen, Pizza Hut, CVS and More
- Population of 49,805 within a Five Mile Radius
Exclusively Listed By
Broker of Record
-
Donald Gilchrist
First Vice President Investments
Listing Price: $1,080,000
Investment Highlights
- Prime Retail Location — Visibility to Over 45,000 Vehicles per Day
- Over 10 Years Remaining on Double-Net Lease — Minimal Landlord Responsibilities
- Three, Five-Year Renewal Options Remaining
- Significant Rent Increase in First, Five-Year Renewal Option
- Nearby Retailers Include Shell, Exxon, Bojangles, Taco Bell, Dairy Queen, Pizza Hut, CVS and More
- Population of 49,805 within a Five Mile Radius
Investment Overview
Marcus & Millichap is pleased to offer for sale the fee simple interest in 3805 Nash St. NW, Wilson, North Carolina 27896 (the Property), a 7,000-square-foot Auto Parts Store in which Advance Auto Parts has over 10 years remaining on their double-net lease. The tenant has operated at this location since 2003 and has three, five-year renewal options remaining, with a 36 percent rent increase in the first option and a 5 percent rent increase in the second and third option to offset inflation. The Property is strategically located near the signalized intersection of two major retail corridors anchored by Shell and Exxon, with neighboring retail tenants including Bojangles, Taco Bell, Dairy Queen, Pizza Hut and CVS. Additionally, the Property is less than three miles east of the Wilson Industrial Air Center.
Exclusively Listed By
Broker of Record
-
Donald Gilchrist
First Vice President Investments

