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Advance Auto Parts 6300 Bonnie Brae 6,895 SF Retail Building Sykesville, MD 21784 $2,833,000 ($410.88/SF) 5.50% Cap Rate



Investment Highlights
- Established Advance Auto Parts – On the main thoroughfare through Eldersburg MD
- Well-situated on the main thoroughfare along Liberty Road (Hwy 26) next to the dominant Walmart Supercenter
- Affluent, growing trade area (out to 15+ miles), highlighted by an Avg. HH Income of $159,102 within 5 miles of the property
- With roughly 5 years of remaining lease term Advance Auto Parts is a thriving retailer providing necessity based retail goods to the local consumer
- A plethora of ancillary outparcel draws includes National Tire and Battery, Family Dentistry, and Kindercare
- Located in Eldersburg in the Baltimore/ Washington MSA – a thriving market, which continues to be at the top of the list for investors
Executive Summary
Broker of Record
Kyle Matthews
License # 664913 (MD)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Kyle Matthews
License # 664913 (MD)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
6,895 SF
Building Class
C
Year Built
2015
Price
$2,833,000
Price Per SF
$410.88
Cap Rate
5.50%
NOI
$155,793
Tenancy
Single
Building Height
1 Story
Slab To Slab
10’
Building FAR
0.14
Lot Size
1.16 AC
Nearby Major Retailers
Property Taxes
| Parcel Number | 05-032148 | Improvements Assessment | $1,115,400 |
| Land Assessment | $1,164,000 | Total Assessment | $2,279,400 |
Property Taxes
Parcel Number
05-032148
Land Assessment
$1,164,000
Improvements Assessment
$1,115,400
Total Assessment
$2,279,400
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Advance Auto Parts | 6300 Bonnie Brae
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