Retail    

Advance Auto Parts

 Irmo (Columbia), South Carolina

Asking Price

$799,999

Cap Rate

6.50%

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NOI

$52,000

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Year Built

1995

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Square Feet

7,000 SF

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Land Area

1.37 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
  • Below Market Rent of $7.43 PSF
  • 28 Years of Operating History | Early 15-Year Lease Extension | Strong Commitment to Site
  • 18.5% Rent Increase at First Option | Passive Net Lease Structure
  • Positioned in Busy Retail Corridor | Great Visibility
  • Strong Demographics | $102,000+ Average Household Income
  • E-commerce Resistant Essential Retailer
  • Columbia MSA | 837K+ Residents

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:

Jason Long

SC Broker License #105279

Northmarq

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