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Advance Auto Parts 4995 Gerrardstown Rd 9,350 SF Retail Building Inwood, WV 25428 $2,118,000 ($226.52/SF) 5.50% Cap Rate
Investment Highlights
- Established Advance Auto Parts – On the main thoroughfare along Gerrardstown Road.
- Well-situated on the main thoroughfare along Gerrardstown Road on dominant thoroughfare of Inwood.
- A plethora of ancillary outparcel draws includes Inwood Urgent Care, Dairy Queen, Arby’s and Food Lion and many others.
- With roughly 4 years of remaining lease term Advance Auto Parts is a thriving retailer providing necessity based retail goods to the local consumer.
- Affluent, growing trade area (out to 15+ miles), highlighted by an Avg. HH Income of $88,674 within 10 miles of the property.
- Located in Inwood– a thriving market, which continues to be at the top of the list for investors targeting retail assets in the Mid-Atlantic.
Executive Summary
Broker of Record
Brayden Conner
License # WVB250301071 (WV)
Matthews Real Estate Investment Services of WV, LLC
300 Wharton Circle, 2nd Floor, Triadelphia, WV 26059
(866) 889-0550
Brayden Conner
License # WVB250301071 (WV)
Matthews Real Estate Investment Services of WV, LLC
300 Wharton Circle, 2nd Floor, Triadelphia, WV 26059
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
9,350 SF
Building Class
C
Year Built
2015
Price
$2,118,000
Price Per SF
$226.52
Cap Rate
5.50%
NOI
$116,507
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.36 AC
Nearby Major Retailers
Property Taxes
| Parcel Number | 07-6-00160034 | Improvements Assessment | $429,540 |
| Land Assessment | $263,160 | Total Assessment | $692,700 |
Property Taxes
Parcel Number
07-6-00160034
Land Assessment
$263,160
Improvements Assessment
$429,540
Total Assessment
$692,700
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Advance Auto Parts | 4995 Gerrardstown Rd
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