This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
450 NE Stephens St
Roseburg, OR 97470
Advance Auto Parts - Roseburg · Retail Property For Sale
Property Facts
Amenities
- Pylon Sign
About 450 NE STEPHENS ST , ROSEBURG, OR 97470
The offering provides an opportunity to acquire a freestanding Advance Auto Parts corporate location. Advance Auto Parts (NYSE: AAP) is an investment-grade Tenant with a S&P credit rating of BBB- with stable outlook. The Subject has a 13-year legacy at the premises and recently executed their option early, extending their lease an additional five-years. The lease provides two remaining five-year options with rent growth of 4% at the beginning of each option. Landlord responsibilities are limited to the building structure, roof, and casualty insurance. Advance Auto Parts invested roughly $250K into recent upgrades, including a full exterior repaint and interior tenant improvements. The Property was formerly a CarQuest location prior to Advance Auto Parts' acquisition in 2014.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $586,370 |
Property Taxes
