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164 Temple Ave
Newnan, GA 30263
Advance Auto Parts · Retail Property For Sale
Investment Highlights
- Early Extension – AAP extended their lease early for over ten years indicated a strong performance at this location
- Market Confidence – AAP Stock has risen over 33% YTD due to growing revenue and stable outlook
- Steady Growth – The population in a 5 mile radius of this location is set to grow by over 8% over the next 5 years
- Passive Investment – Tenant is responsible for the roof, parking lot, HVAC, taxes, insurance, and common area
- Strong Corporate Backed Lease – Advance Auto Parts has investment grade credit with an S&P credit rating of BBB- with over 5200 stores
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,119 SF
Building Class
B
Year Built
2010
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.39 AC
Zoning
1
Parking
17 Spaces (2.78 Spaces per 1,000 SF Leased)
Frontage
222’ on Temple Ave
Property Taxes
| Parcel Number | N41-0004-008 | Improvements Assessment | $356,104 |
| Land Assessment | $64,582 | Total Assessment | $420,686 |
Property Taxes
Parcel Number
N41-0004-008
Land Assessment
$64,582
Improvements Assessment
$356,104
Total Assessment
$420,686
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