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1740 M 139
Benton Harbor, MI 49022
Advance Auto Parts | Corporate NN · Retail Property For Sale
Investment Highlights
- 6+ Years Remaining | Scheduled Rental Increases | Options to Extend | Established Brand
- Across from Fairplain Plaza (263,000+ SF) | Dense Retail Corridor | Strong National/Credit Tenant Presence
- Strong Demographics in 5-Mile Trade Area
- NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
- Signalized, Hard Corner Intersection | Interstate 94 | Excellent Visibility & Access
Executive Summary
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NN leased, Advance Auto Parts investment property located in Benton Harbor, Michigan. The tenant currently has 6+ years remaining with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 5% rental increases at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is NN with landlord responsibilities limited to slab, foundation, structure, parking lot, roof and HVAC making it an ideal, low-management investment opportunity for a passive investor. As of January 3, 2026, Advance operated 4,305 stores primarily within the United States, with additional locations in Canada, Puerto Rico and the U.S. Virgin Islands.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
8,020 SF
Building Class
B
Year Built
2017
Price
$1,359,000
Price Per SF
$169.45
Cap Rate
8%
NOI
$108,719
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.07 AC
Zoning
General Commercial
Parking
30 Spaces (3.74 Spaces per 1,000 SF Leased)
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $759,000 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$759,000
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