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1798 E State Road 163
Clinton, IN 47842
Advance Auto Parts - Clinton, IN · 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, Clinton Features a Demographic Profile Hosting 8,511 Residents With an Average Household Income of $77,752
- Founded in 1932, Advance Auto Parts Employs Over 62,000 People Nationwide
EXECUTIVE SUMMARY
Sands Investment Group is Pleased to Exclusively Offer For Sale the 6,889 SF Advance Auto Parts Located at 1798 East State Road 163 in Clinton, IN. 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 Indiana, LLC - Lic. #RC52000211 BoR: Andrew Ackerman - Lic. IN #RB20001918
In Cooperation With Sands Investment Group Indiana, LLC - Lic. #RC52000211 BoR: Andrew Ackerman - Lic. IN #RB20001918
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
6,889 SF
Building Class
C
Year Built
2004
Price
$1,149,989
Price Per SF
$166.93
Cap Rate
8.75%
NOI
$100,624
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.91 AC
Zoning
C - Commercial
Parking
40 Spaces (5.71 Spaces per 1,000 SF Leased)
Frontage
205’ on East State Road 163
AMENITIES
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 83-13-17-400-002.002-001 | Improvements Assessment | $367,600 |
| Land Assessment | $20,000 | Total Assessment | $387,600 |
PROPERTY TAXES
Parcel Number
83-13-17-400-002.002-001
Land Assessment
$20,000
Improvements Assessment
$367,600
Total Assessment
$387,600
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