Retail    

Advance Auto Parts

 Culpeper, VA

Asking Price

$1,017,692

Cap Rate

6.50%

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NOI

$66,150

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Year Built

1998

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Square Feet

5,675 SF

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Land Area

0.69 AC

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Expenses

NN

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Strong Credit Profile | $11.15B 2022 Revenue
  • 10% Rent Increases at Options | Passive Net Lease Structure
  • 26 Years of Operating History | Strong Commitment to Site
  • Positioned Along Main Retail Thoroughfare | James Madison Hwy (± 23,268 VPD)
  • Strong Demographics | $110,000+ Average Household Income | 20% Population Growth
  • E-commerce Resistant Essential Retailer
  • Proximity to Washington D.C. MSA

Exclusively Listed By

Brad Moulder

Senior Vice President
  bmoulder@northmarq.com   

Ryan Butler

Regional Managing Director
  rbutler@northmarq.com   

Anne Perrault

Vice President
  aperrault@northmarq.com   

David Annett

Associate Vice President
  dannett@northmarq.com   

Brandon Sherrill

Senior Associate
  bsherrill@northmarq.com   

Jacob Ryan

Senior Associate
  jryan@northmarq.com   

Joe Habighorst

Lead Investment Analyst
  jhabighorst@northmarq.com   

Cole Surrett

Investment Analyst
  csurrett@northmarq.com   

Lindsey Vedros

Operations Analyst
  lvedros@northmarq.com   

In Association With:

Zachary Harris

VA Broker License #225216133

Northmarq

6120 S Yale Ave, Suite 300
Tulsa, OK 74136

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