1 of 5

2 of 5

3 of 5

4 of 5

5 of 5

•  Media
• Map
• Street View

3701 I-75 Business Spur
Sault Sainte Marie, MI 49783

$1,066,928 USD

Auto Dealership For Sale  •  7,000 SF

Property Details

• Property Type Auto Dealership
• Total Building Size 7,000 SF
• Lot Size 0.64 AC
• Building Class C
• Year Built 2003
• Cap Rate 7.65 %
• Tenancy Single
• Zoning C

0 Transit Score

38 Walk Score

Highlights

Over 6 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

Lease Includes a Significant 20% Rent Increase at the Beginning of the First Option Period, Enhancing Future Revenue Potential

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)

Cap Rate:

7.65 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Advance Auto Parts	7,000 SF	3/31/2031

Amenities

• Pylon Sign
• Signage

Public Transportation

Airport	Drive	Walk	Distance
Sault Ste Marie	32 min	-	16.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	27
Type:	Surface
Included in Rent:	Yes