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Advance Auto Parts 4559 Hartley Bridge Rd 6,000 SF Retail Building Macon-Bibb, GA 31216 $1,670,345 ($278.39/SF) 7.25% Cap Rate
Investment Highlights
- 2009 build-to-suit construction for Advance Auto Parts
- Long term lease extension, proving the tenants commitment to the location and market
- 5-Mile population of 37,847 residents
- All red brick construction prototype
- Located just off I-75 with traffic counts at the intersection exceed 92,000 vehicles daily
- ± 7.75-Years remaining on a recently extended lease
Executive Summary
Broker of Record
Maxx Bauman
License # 451849, 80041 (GA)
Matthews Real Estate Investment Services, Inc
1600 West End Ave., Ste. 1500, Nashville, TN 37203
(866) 889-0550
Maxx Bauman
License # 451849, 80041 (GA)
Matthews Real Estate Investment Services, Inc
1600 West End Ave., Ste. 1500, Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,000 SF
Building Class
C
Year Built
2010
Price
$1,670,345
Price Per SF
$278.39
Cap Rate
7.25%
NOI
$121,100
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.75 AC
Zoning
C-4
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
Advance Auto Parts began in 1932 when Arthur Taubman acquired Advance Stores in Virginia, and the business later developed into a publicly traded automotive aftermarket retailer. The company serves professional installers and do-it-yourself customers through retail stores, online shopping, and customer support services, with offerings that include replacement parts, accessories, batteries, and maintenance items. Advance Auto Parts also operates the Carquest brand and maintains a broad North American presence that includes the United States, Canada, Puerto Rico, and the U.S. Virgin Islands.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | L120-0107 | Improvements Assessment | $248,928 |
| Land Assessment | $120,000 | Total Assessment | $368,928 |
Property Taxes
Parcel Number
L120-0107
Land Assessment
$120,000
Improvements Assessment
$248,928
Total Assessment
$368,928
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Contact the Sale Advisor
Advance Auto Parts | 4559 Hartley Bridge Rd