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Shopping Auto Center

Advance Auto Parts and HT Hackney

711 Conover Blvd W, Conover, NC 28613

Listing Price: $1,563,000

Cap Rate
7.25%
Gross SF
28,616
Rentable SF
28,616
Price/Gross SF
$54.62
Lot Size
3.05 acres
Year Built
1973

Investment Overview

Marcus & Millichap is proud to offer for sale fee simple ownership of the Advance Auto Parts and HT Hackney multi-tenant building located along Conover Boulevard in Conover, North Carolina. The offering includes corporate guaranteed, NN leases from both tenants who have displayed commitment to the location. See OM for more details.

Investment Highlights

  • Advance Auto Parts Has Continuously Occupied the Site Since 1994
  • HT Hackney Just Exercised 3 Year Extension - $3.9B Revenue FY 2019
  • Regional Hub Distribution Site for Advance Auto - Critical to Surrounding Locations
  • Located Off Conover Boulevard West -- Traffic Counts of 21,413 in 2020

Exclusively Listed By

Broker of Record

  • Donald Gilchrist

    Senior Associate

    (919) 674-1104

    License(s) NC: 241055

    North Carolina

Shopping Auto Center

Advance Auto Parts and HT Hackney

Listing Price: $1,563,000

Cap Rate
7.25%
Gross SF
28,616
Rentable SF
28,616
Price/Gross SF
$54.62
Lot Size
3.05 acres
Year Built
1973

Investment Highlights

  • Advance Auto Parts Has Continuously Occupied the Site Since 1994
  • HT Hackney Just Exercised 3 Year Extension - $3.9B Revenue FY 2019
  • Regional Hub Distribution Site for Advance Auto - Critical to Surrounding Locations
  • Located Off Conover Boulevard West -- Traffic Counts of 21,413 in 2020

Investment Overview

Marcus & Millichap is proud to offer for sale fee simple ownership of the Advance Auto Parts and HT Hackney multi-tenant building located along Conover Boulevard in Conover, North Carolina. The offering includes corporate guaranteed, NN leases from both tenants who have displayed commitment to the location. See OM for more details.

Exclusively Listed By

Broker of Record

  • Donald Gilchrist

    Senior Associate

    (919) 674-1104

    License(s): NC: 241055

    North Carolina

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