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240 E Highland Dr
Jonesboro, AR 72401
Advance Auto Parts · Retail Property For Sale
Investment Highlights
- STNL Advance Auto Parts Portfolio – Investment Grade Credit Tenant (Moody’s Rated “Baa2”, Outlook: Stable)
- Fee simple acquisition
- AAP’s Long Term Commitment to the Site, since 2005, Speaks to the Strength of the Location
- Approximately 4 Lease Years Remaining – 3, 5 Year Options
- Ideal 1031 Exchange Assets – In-Place Market Rents – Low Downside Risks
- Net Leased Investment – Minimal Landlord Responsibilities
Property Facts
Property Type
Building Size
6,912 SF
Building Class
C
Year Built
2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.62 AC
Parking
21 Spaces (3.04 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 01-144191-49000 | Improvements Assessment | $96,263 |
| Land Assessment | $75,131 | Total Assessment | $171,394 |
Property Taxes
Parcel Number
01-144191-49000
Land Assessment
$75,131
Improvements Assessment
$96,263
Total Assessment
$171,394
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