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240 S Highway 97
Sand Springs, OK 74063
Advance Auto Parts · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
7,000 SF
Building Class
B
Year Built
2007
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.84 AC
Zoning
IH
Parking
35 Spaces (3.44 Spaces per 1,000 SF Leased)
Frontage
345’ on Alexander Blvd

Amenities

  • Pylon Sign

About 240 S HIGHWAY 97 , SAND SPRINGS, OK 74063

Stan Johnson Company is pleased to offer for sale an Advance Auto Parts property in Sand Springs, Oklahoma. This lease is triple net, leased to Advance Stores Company, and has just over five (5) years remaining on the 15-year lease term. The lease includes three (3) renewal options with 5% increases. As of January 2, 2016, Advance Auto Parts Inc. reported total revenue of $9.7 billion, net income of $473 million and a net worth in excess of $2.5 billion. Advance Auto Parts Inc. holds a Standard & Poor' s credit rating of BBB-/Stable. Good Demographics - The property has a population of 20,602 and an average household income of $66,264 within a 3-mile radius. Great Retail Location - The property is in a heavy retail corridor with many well-known tenants and a traffic count of +/- 38,267 VPD.

Property Taxes

Property Taxes

Parcel Number
61561-91-11-35620
Land Assessment
$54,142
Improvements Assessment
$106,568
Total Assessment
$160,710
  • Listing ID: 5902255

  • Date on Market: 2/17/2017

  • Last Updated:

  • Address: 240 S Highway 97, Sand Springs, OK 74063

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