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1798 E State Road 163
Clinton, IN 47842

$1,219,685 USD

Auto Dealership For Sale  •  6,889 SF

Property Details

  • Property Type Auto Dealership
  • Total Building Size 6,889 SF
  • Lot Size 1 AC
  • Building Class C
  • Year Built 2004
  • Cap Rate 8.25 %
  • Tenancy Single
  • Zoning C
0 Transit Score
37 Walk Score

Highlights

Over 4 Years Remaining on a Corporate Guaranteed Lease
The Lease is Backed By Advance Auto Parts, a Company With an Investment-Grade Credit Rating of BBB- From S&P
Premier Leader in the Automotive Aftermarket Parts Industry With Over 4,700 Stores in Operation
Founded in 1932, Advance Auto Parts Employs Over 65,000 People Nationwide
Publicly Traded Entity on the New York Stock Exchange (NYSE: AAP)
Located Near Major National Retailers Including Walmart, Tractor Supply Co, Fast Pace Health Urgent Care, Dollar Tree, McDonald’s Etc.
Cap Rate: 8.25 %

Major Tenants

Tenant SF Occupied Lease End Date
Advance Auto Parts 6,889 SF 12/31/2028

Amenities

  • Pylon Sign
  • Signage

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 40
Type: Surface
Included in Rent: Yes
Jack Liberatore 843-510-0551 Sands Investment Group
Jack Liberatore 843-510-0551 Sands Investment Group