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111 N McCurdy Ave
Rainsville, AL 35986

$1,632,006 USD

Auto Repair For Sale  •  7,000 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 7,000 SF
  • Lot Size 0.84 AC
  • Building Class C
  • Year Built 1998
  • Cap Rate 7.50 %
  • Tenancy Single
0 Transit Score
53 Walk Score

Highlights

The Lease is Backed By Advance Auto Parts, a Company With an Investment-Grade Credit Rating of BB+ From S&P and Ba1 From Moody's
Within a 3-Mile Radius, Rainsville Features a Demographic Profile Hosting 6,248 Residents With an Average Household Income of $67,550
Premier Leader in the Automotive Aftermarket Parts Industry With Over 4,200 Stores in Operation
Founded in 1932, Advance Auto Parts Employs Over 69,000 People Nationwide
Publicly Traded Entity on the New York Stock Exchange (NYSE: AAP)
The On-Demand Need For Parts By Local Shops and DIY Mechanics, Combined With the High Shipping Costs For Batteries and Other Parts
Cap Rate: 7.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Advance Auto Parts 7,000 SF 12/31/2030
Jake Mahon 843-517-8165 Sands Investment Group
Jake Mahon 843-517-8165 Sands Investment Group