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4919 Richmond Tappahannock Hwy
Aylett, VA 23009
Advance Auto Parts · Retail Property For Sale
PROPERTY FACTS
ABOUT 4919 RICHMOND TAPPAHANNOCK HWY , AYLETT, VA 23009
CBRE is pleased to present exclusively for sale this Advance Auto Parts located on Route 360 (Richmond Tappahannock Hwy)in King William, VA. This is a NNN lease with over thirteen years remaining on the initial fifteen year lease with four, five year options to renew. There are rare 5% rental increases every five years in each option period. This is a newer construction building built in 2015. The lease is corporately guaranteed by Advance Auto Parts, an investment grade credit tenant rated BBB- by Standard & Poor's. This 6,889 square foot building sits on a large 1 acre parcel along Route 360 with excellent access and visibility at the entrance of the Central Crossing and King William Square Shopping Centers. Surrounding tenants include Food Lion, Family Dollar, Bojangles, Essex Bank, H&R Block, Domino' s, Subway, Verizon, Burger King, 7-Eleven and Dollar General. This is the only national Auto Parts store within a 3.5 mile radius, and the only Advance Auto Parts within 18.5 miles.
PROPERTY TAXES
| Parcel Number | 28 3 7 | Improvements Assessment | $826,800 |
| Land Assessment | $500,900 | Total Assessment | $1,327,700 |
PROPERTY TAXES
