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1206 The Blvd
Rayne, LA 70578
Advance Auto Parts - Rayne, LA · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- The Lease is Backed By Advance Auto Parts, a Company With an Investment-Grade Credit Rating of BB+ From S&P and Ba1 From Moody's
- Premier Leader in the Automotive Aftermarket Parts Industry With Over 4,200 Stores in Operation
- Publicly Traded Entity on the New York Stock Exchange (NYSE: AAP)
- Within a 3-Mile Radius, Rayne Features a Demographic Profile Hosting 9,490 Residents With an Average Household Income of $63,422
- Founded in 1932, Advance Auto Parts Employs Over 62,000 People Nationwide
- High Local Demand And Costly Shipping Make Auto Parts Retail An Essential, E-Commerce- And Recession-Proof Business.
EXECUTIVE SUMMARY
Sands Investment Group is Pleased to Exclusively Offer For Sale the 7,000 SF Advance Auto Parts Located at 1206 The Boulevard in Rayne, LA. This Deal Includes a Lease Which is Backed By Advance Auto Parts, a Company With an Investment-Grade Credit Rating of BB+ From S&P and Ba1 From Moody's, and $9.1 Billion in Annual Sales For 2024, Providing For a Secured Investment.
In Cooperation With Sands Investment Group Louisiana, LLC - Lic. #BROK.0995702111-CORP BoR: Andrew Ackerman - Lic. LA #BROK.0995700567-AC
In Cooperation With Sands Investment Group Louisiana, LLC - Lic. #BROK.0995702111-CORP BoR: Andrew Ackerman - Lic. LA #BROK.0995700567-AC
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
7,000 SF
Building Class
B
Year Built
2000
Price
$801,149
Price Per SF
$114.45
Cap Rate
8%
NOI
$64,092
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.78 AC
Frontage
169’ on The Blvd
AMENITIES
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 0170183200 | Improvements Assessment | $72,500 |
| Land Assessment | $27,470 | Total Assessment | $99,970 |
PROPERTY TAXES
Parcel Number
0170183200
Land Assessment
$27,470
Improvements Assessment
$72,500
Total Assessment
$99,970
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