Advance Auto Parts
CONTACT US REGARDING THIS LISTING
PROPERTY ADDRESS
3939 M-72 E, Williamsburg, MI 49690
PROPERTY INFORMATION
Price:
$1,654,600
Cap Rate:
6.0%
Term Remaining:
14 Years
Status:
Closed
INVESTMENT SUMMARY
– Brand New 2015 Construction – Fresh 15 Year Lease Term
– NNN Lease – Landlord Responsibilities Limited to Foundation & Slab
– Advance Auto Parts is Rated “BBB-”/Investment Grade by Standard & Poor’s
– (3) Five Year Options With Rental Increases in Each
– Attractive High Image Class A Brick Masonry Construction
– 1 Mile from Grand Traverse Resort & Spa and a Meijer Supercenter
– Average Household Income Exceeds $92,000 within a 1 Mile Radius
– Located in the Flourishing Traverse City Micropolitan Area