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Auto Parts

Advance Auto Parts - New Bedford

474 Mt Pleasant St, New Bedford, MA 02746

Listing Price: $2,080,000

Cap Rate
7.25%
Tenant Name
Advance Auto
Years Remaining On Lease
6.2
Gross SF
7,000
Guarantor
Corporate Guarantee
Rentable SF
7,000
Price/Gross SF
$297.14
Lease Type
Absolute Net
Rent Per Square Feet
$21.55

Investment Overview

Marcus & Millichap is pleased to exclusively present for sale a NNN lease with Advance Auto Stores Company, in the historic town of New Bedford, MA. The tenant is responsible for all operating expenses, maintenance, roof, and capital expenditures, with landlord solely responsible for structure, foundation, and slab.

Investment Highlights

  • A strong performer - Ranked #32 of 80 locations
  • NNN Lease
  • Established retail location serving the South Coast since 2007

Exclusively Listed By

  • Jim Koury

    Senior Managing Director Investments

    (617) 896-7231

    Email Jim

    License(s): MA: 9010104, RI: REB.0014481, ME: DB904355, CT: REB.0755412, NY: 10301206120

    Boston

  • Andrew Mueller

    Associate Investments

    (617) 896-7206

    Email Andrew

    License(s): MA: 9586839

    Boston

  • Tyler Murphy

    Associate Director Investments

    (617) 896-7226

    Email Tyler

    License(s): MA: 9​5​8​6​8​9​9

    Boston

Auto Parts

Advance Auto Parts - New Bedford

Listing Price: $2,080,000

Cap Rate
7.25%
Tenant Name
Advance Auto
Years Remaining On Lease
6.2
Gross SF
7,000
Guarantor
Corporate Guarantee
Rentable SF
7,000
Price/Gross SF
$297.14
Lease Type
Absolute Net
Rent Per Square Feet
$21.55

Investment Highlights

  • A strong performer - Ranked #32 of 80 locations
  • NNN Lease
  • Established retail location serving the South Coast since 2007

Investment Overview

Marcus & Millichap is pleased to exclusively present for sale a NNN lease with Advance Auto Stores Company, in the historic town of New Bedford, MA. The tenant is responsible for all operating expenses, maintenance, roof, and capital expenditures, with landlord solely responsible for structure, foundation, and slab.

Exclusively Listed By

  • Jim Koury

    Senior Managing Director Investments

    (617) 896-7231

    Email Jim

    License(s): MA: 9010104, RI: REB.0014481, ME: DB904355, CT: REB.0755412, NY: 10301206120

    Boston

  • Andrew Mueller

    Associate Investments

    (617) 896-7206

    Email Andrew

    License(s): MA: 9586839

    Boston

  • Tyler Murphy

    Associate Director Investments

    (617) 896-7226

    Email Tyler

    License(s): MA: 9​5​8​6​8​9​9

    Boston

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