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10710-10716 Hull Street Rd
Midlothian, VA 23112
Advance Auto Parts · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
12,000 SF
Building Class
C
Year Built
1995
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.83 AC
Zoning
I-1
Parking
79 Spaces (6.58 Spaces per 1,000 SF Leased)
Frontage
224’ on Hull Street Rd

ABOUT 10710-10716 HULL STREET RD , MIDLOTHIAN, VA 23112

INVESTMENT HIGHLIGHTS Strong Performer – This location has consistently reported store sales well above 2 million Recently Extended Lease – Advance Auto Parts just extended the lease an additional 5 years early to put a total of 10 years on the lease Large Format Hub Store – This location is 12,000 sf to store a larger inventory to distribute parts to commercial accounts in the area and other stores Low Rent – Advance Auto Parts is only paying $9.98 psf which is well below the national average and the market of Midlothian Large Lot – This property is situated on close to 2 acres of land Signalized Corner – Located on the corner lot for a four way signalized intersection LOCATION HIGHLIGHTS Dense Market – There is a population of around a 125k in a five mile radius Projected Growth – There is a projected population growth of 5% in a five mile radius over the next 5 years Signalized Corner – Located on the corner lot for a four way signalized intersection Above Average Household Income – There is an average household income of over 77k in a 5 mile radius which is good for retail Strong Surrounding Retail – Hull St is the main corridor for retail so there are various national and regional tenants surrounding this building TENANT HIGHLIGHTS NYSE: AAP, Over 5,200 locations employing 74,000 individuals Advance Auto Parts is the largest auto parts retailers in the country Corporate guarantee from an investment grade credit tenant S & P Rated BBB-

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 746-68-50-91-500-000
  • 746-68-51-82-100-000
Land Assessment
$784,100
Improvements Assessment
$1,569,300
Total Assessment
$2,353,400
  • Listing ID: 14455177

  • Date on Market: 11/21/2018

  • Last Updated:

  • Address: 10710-10716 Hull Street Rd, Midlothian, VA 23112

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