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435 W Sanilac Ave
Sandusky, MI 48471

$1,128,000 USD

Freestanding For Sale  •  6,806 SF

Property Details

• Property Type Freestanding
• Total Building Size 6,806 SF
• Lot Size 1.26 AC
• Building Class C
• Year Built 2007
• Cap Rate 9.00 %
• Tenancy Single

0 Transit Score

46 Walk Score

Highlights

Corporate Lease with Advance Auto which operates over 4,700 stores in the US and Canada

Advance Auto recently reported EPS higher than expected and reaffirmed it's full year guidance

High profile free-standing building on large parcel located along primary retail thoroughfare

9.0% going in CAP Rate

NN lease with minimal landlord maintenance obligations provides passive ownership for out of state investor

Fee simple ownership allows for depreciation of the building boosting after tax returns

Cap Rate:

9.00 %