730 Charlevoix Ave
Petoskey, MI 49770
Advance Auto Parts · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Corporate Guarantee | S&P Credit Rating "BB+" | Ideal Low-Management Investment For a Passive Investor
- Top-Performing Location Nationwide | 90th Percentile via Placer.Ai | Top 97th Percentile In Michigan | 392 Out Of 4,200 Locations Nationwide
- High Barrier Entry To Market | Priced Below Replacement Cost
- Built-To-Suit For Advance Auto Parts in 2014 | 4+ Years Remain On The Original 15-Year Lease
- Firestone Roof With Transferrable Warranty | Good Through August 2034
- Major Tourist Destination | Over 750,000 People Annually Visit Petoskey, Charlevoix, and Boyne City
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,895 SF
Building Class
C
Year Built
2014
Tenancy
Single
Building Height
1 Story
Building FAR
0.33
Lot Size
0.48 AC
Zoning
COP B-3
PROPERTY TAXES
| Parcel Number | 52-19-06-100-038 | Improvements Assessment | $0 |
| Land Assessment | $948,100 | Total Assessment | $948,100 |
