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625 Second St
N Wilkesboro, NC 28659

$1,200,000 USD

Freestanding For Sale  •  8,075 SF

Property Details

• Property Type Freestanding
• Total Building Size 8,075 SF
• Lot Size 1.05 AC
• Building Class C
• Year Built 1995
• Cap Rate 7.00 %
• Tenancy Single

0 Transit Score

47 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 29% rental increases in the option period, which provides investors a hedge against inflation

Strong rent to sales ratio of 5.79%

Established Presence: Advance Auto has been at the site since 1995

Cap Rate:

7.00 %