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3130 S Crater Rd
Petersburg, VA 23805

$1,216,000 USD

Freestanding For Sale  •  8,075 SF

Property Details

• Property Type Freestanding
• Total Building Size 8,075 SF
• Lot Size 0.86 AC
• Building Class C
• Year Built 2000
• Cap Rate 7.50 %
• Tenancy Single
• Zoning B-2

0 Transit Score

53 Walk Score

Highlights

Corporately Guaranteed by Advance Auto Parts Inc.

NN Lease Structure with Limited Landlord responsibilities

Recent 10-year extension, showing strong commitment to the site

Attractive 17% rental increases in the option period, which provides investors a hedge against inflation

Established Presence: Advance Auto has been at the site since 1994

Cap Rate:

7.50 %

Amenities

• Bus Line
• Pylon Sign
• Signage

Public Transportation

Commuter Rail	Drive	Walk	Distance
Petersburg Amtrak Station (Carolinian - Amtrak, Northeast Regional - Amtrak, Palmetto - Amtrak, Silver Meteor - Amtrak, Silver Star - Amtrak)	10 min	-	5.9 mi
Airport	Drive	Walk	Distance
Richmond International	41 min	-	30.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	42
Type:	Surface
Included in Rent:	Yes