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Advance Auto Parts stores typically prefer +/- 0.75 to 1.25 acres of land and a +/- 7,000 SF rectangular stand-alone building. This asset is one of those prototypical Advance Auto Parts stores which, by location and design, lends itself to a wide array of long-term reuse options. New roof finished this December.
This property has been used as a restaurant and a used-car dealership in the past. Very diverse property
Owner/user or investment property. Current tenant may be willing to stay. Great value for the square footage.
MOTIVATED SELLER with OTHER interests. PLEASE DO NOT BOTHER EMPLOYEES! O'Charley' s, Inc., headquartered in Nashville, TN. O' Charley' s, Inc. was purchased by Fidelity National Finance and taken private. American Blue Ribbon Holdings, LLC is a subsidiary of Fidelity National Finance. American Blue Ribbon Holdings, LLC and its subsidiaries operate several concepts: O' Charley' s, 99 Restaurants, Village Inn, Max & Erma' s, Baker' s Square, and Legendary Baking. Annual Rent Increases of 1.75%*. Primary 20 year Lease Expires 10/31/23 PLUS 4 Five Year Options to Extend the Lease. CURRENT ANNUAL NET RENT $217,759. NEXT RENT INCREASE OF 1.75%* OCT. 17, 2015 *See Rent Addendum. SEND QUESTIONS or COMMENTS by EMAIL. They always find me. RARELY AVAILABLE FOR PHONE CALLS.
Long-standing and reputable family car wash business.
CURRENT INCOME $190,560 TRIPLE NET LEASE OPENED NOV. 2009. NEW 15 YEAR TERM AT CLOSING TEN PERCENT INCREASE EVERY FIVE YEARS TWO FIVE YEAR OPTIONS 3600 SQUARE FOOT BUILDING ALL BRICK - BUILT 2009 ON 1.18 AC PRICE $2,399,000 / CAP OF 7.94%
Extensive equipment and furnishings included
Single fanily residence with approximately 2,368 square feet of heated and cooled space. The lot is spproximately 1 acre and the zoning is commercial fringe. Ideal for insurance agent, antique store or day care.
Building tenants:Music Shop Sale Price: $475,000