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- LoopNet Team
863 4th St
Beloit, WI 53511
Advance Auto Parts · Retail Property For Sale
PROPERTY FACTS
ABOUT 863 4TH ST , BELOIT, WI 53511
The lease is double net in nature, which leaves the landlord responsible for the roof & structure, and parking lot of the property. The lease is also equipped with three additional (5) year option periods, each of which present various rent increases. Additionally, the lease is corporately guaranteed by Advance Auto Parts, Inc., an investment grade national tenant. The tenant is responsible for paying all of the ad valorem taxes, property insurance, and also the CAM expenses of the property. The subject property is located along a major thoroughfare of Beloit, which boasts an average daily traffic count of 29,000 VPD at the subject property’s intersection. The average household income within 5 miles of the property is over $56,000, and the population within 5 miles if over 66,500. This demo-graphic make-up is perfect for the tenant AAP. The city of Paragould is also home to Beloit College and other major National Retailers.
PROPERTY TAXES
| Parcel Number | 135-20700 | Improvements Assessment | $708,300 |
| Land Assessment | $102,300 | Total Assessment | $810,600 |
PROPERTY TAXES
