This Retail Property is no longer advertised on LoopNet.com.

224 S NC 16 Hwy
Denver, NC 28037
Advance Auto Parts · Retail Property For Sale

Investment Highlights

  • Corporate Lease Guaranty From Advance Stores Company, Inc. (NYSE: AAP) (S&P: BBB-)
  • Denver, NC – High Growth Submarket & Popular Bedroom Community of Charlotte
  • 10.8 Years Remaining on Modified NNN Lease – Early Lease Extension – Commitment to Site
  • Historically Strong Performing Location – Strong Sales Volume
  • Pristine Subject Property Condition – Zero Deferred Maintenance
  • Surrounded by New Commercial and Residential Development Projects

Property Facts

Property Type
Retail
Property Subtype
Auto Repair
Building Size
7,000 SF
Building Class
B
Year Built
2002
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.03 AC
Zoning
B-G

Property Taxes

Property Taxes

Parcel Number
80374
Land Assessment
$562,462
Improvements Assessment
$982,105
Total Assessment
$1,544,567
  • Listing ID: 31393824

  • Date on Market: 4/2/2024

  • Last Updated:

  • Address: 224 S NC 16 Hwy, Denver, NC 28037

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