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2166 Cherry Rd
Rock Hill, SC 29732
Advance Auto Parts - Rock Hill, SC · 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 4,700 Stores in Operation
- Publicly Traded Entity on the New York Stock Exchange (NYSE: AAP)
- Within a 3-Mile Radius, Rock Hill Features a Demographic Profile Hosting 50,832 Residents With an Average Household Income of $88,466
- Founded in 1932, Advance Auto Parts Employs Over 62,000 People Nationwide
- The on-Demand Need For Parts By Local Shops and DIY Mechanics, Combined With the High Shipping Costs For Batteries and Other Parts
EXECUTIVE SUMMARY
Sands Investment Group is Pleased to Exclusively Offer For Sale the 8,049 SF Advance Auto Parts Located at 2166 Cherry Road in Rock Hill, SC. This Deal Includes 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 Secure Investment.
In Cooperation With Sands Investment Group Charleston, LLC - Lic. #20891 BoR: Chris Sands - Lic. SC #93103
In Cooperation With Sands Investment Group Charleston, LLC - Lic. #20891 BoR: Chris Sands - Lic. SC #93103
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
8,049 SF
Building Class
C
Year Built
1995
Price
$1,653,744
Price Per SF
$205.46
Cap Rate
6.75%
NOI
$111,627
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.91 AC
Zoning
Commercial - Commercial
Parking
54 Spaces (6.71 Spaces per 1,000 SF Leased)
Frontage
145’ on Cherry Rd
AMENITIES
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 6340701036 | Improvements Assessment | $42,135 |
| Land Assessment | $30,034 | Total Assessment | $72,169 |
PROPERTY TAXES
Parcel Number
6340701036
Land Assessment
$30,034
Improvements Assessment
$42,135
Total Assessment
$72,169
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