1520 Getwell Rd
Memphis, TN 38111
Advance Auto Parts · Retail Property For Sale
Investment Highlights
- 3 years remaining on NN Lease and 20+ years at this location with Corporate Guaranty on Lease
- Minimal Landlord Responsibilities ( Roof & Structure) Excellent 6% Rent to Sales ratio (2018 Reported)
- Ample Parking I 30+ parking spaces
- 2 Miles from The University of Memphis I 20,000 + Students Enrolled
- Advance Auto Parts has investment-grade credit: S&P BBB
- High-quality construction, steel-framed with concrete block Cheap Rent - Below Market
Property Facts
Amenities
- Bus Line
- Pylon Sign
- Signage
About 1520 GETWELL RD , MEMPHIS, TN 38111
SVN Chicago Commercial is pleased to present the opportunity to acquire this 7,000 square foot free-standing building on a .68 acre parcel located at 1520 Getwell Rd, Memphis, TN. This Advance Auto Parts (AAP) is in phenomenal shape with high-quality construction, steel frame. The store has been at this location for over twenty years with three years remaining on the net lease. This Advance Auto Parts is situated in a "Sweet Spot" that fits the demographics perfectly in this do it yourself location. • Income tax-free state • Over 650,000 residents in Memphis MSA • Six Miles from Memphis International Airport • Second Largest Metro in Tennessee • ± 100,000 Residents in 3 Mile Radius • ±30,000 vehicles per day at Getwell Rd & Dunn Ave • Located in the “do-it-yourself” city, the site fits into Advance Auto Parts ideal locations • Numerous national retailers in the immediate including Sam's Club, Walgreens, McDonald's, Family Dollar, and more • Advance Auto Parts is the largest automotive replacement parts and accessories company in the United States
Property Taxes
| Parcel Number | 05-8103-0-0001C | Improvements Assessment | $437,880 |
| Land Assessment | $87,120 | Total Assessment | $525,000 |
Property Taxes
