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Advance Auto Parts 1168 N Highway 27

7,000 SF Retail Building Whitley City, KY 42653 $1,913,584 CAD ($273 CAD/SF) 6.32% Cap Rate

Retail Space Kentucky Whitley City 1168 N Highway 27, Whitley City, KY 42653

Investment Highlights

  • Single Tenant Free Standing Corporate 7,000 SF Advance Auto Parts Situated on 1.83 Acres
  • Recent Lease Extension Lease Showing Tenants Commitment To Location
  • Property Located on Main Thoroughfare | Traffic Counts Exceeding 13,700 VPD on US Hwy 27
  • Triple "NNN" Lease Structure w/ Minimal Landlord Responsibilities
  • Adjacent to 35K SF Kroger Supermarket & Kroger Fuel Station
  • Advance Auto Parts Investment Grade Tenant - S&P BB+ & Moody's Baa3

Executive Summary

Single Tenant Free Standing Corporate 7,000 SF Advance Auto Parts Situated on 1.83 Acres
Triple "NNN" Lease Structure w/ Minimal Landlord Responsibilities
Recent Lease Extension Lease Showing Tenants Commitment To Location
Adjacent to 35K SF Kroger Supermarket & Kroger Fuel Station
Property Located on Main Thoroughfare | Traffic Counts Exceeding 13,700 VPD on US Hwy 27
Advance Auto Parts Investment Grade Tenant - S&P BB+ & Moody's Baa3
National Retailers Surrounding Property Include: Kroger, McDonalds, KFC, Arby's, Taco Bell, Little Caesars, Subway, NAPA, USPS, and United Cumberland Bank.

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
7,000 SF
Building Class
B
Year Built
2005
Price
$1,913,584 CAD
Price Per SF
$273 CAD
Cap Rate
6.32%
NOI
$120,939 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.83 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Parking
36 Spaces (5.14 Spaces per 1,000 SF Leased)
Frontage
182 ft on Hwy 27

Links

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1168 N Highway 27, Whitley City, KY - aerial map view

PROPERTY TAXES

Parcel Number 120-10-04-034.00 Improvements Assessment $0 CAD
Land Assessment $0 CAD Total Assessment $1,884,576 CAD

PROPERTY TAXES

Parcel Number
120-10-04-034.00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,884,576 CAD
(248) 702-0288

Contacts

  • Listing ID: 33367253

  • Date on Market: 2024-10-01

  • Last Updated:

  • Address: 1168 N Highway 27, Whitley City, KY 42653

The Retail Property at 1168 N Highway 27, Whitley City, KY 42653 is currently available for sale. Contact Encore Real Estate Investment Services for more information.

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Advance Auto Parts | 1168 N Highway 27
(248) 702-0288 x

Advance Auto Parts | 1168 N Highway 27

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Deno Bistolarides

(248) 702-0288

(248) 702-0288

Leonard Minuto

(248) 702-0947

(248) 702-0947

Dante Hargis

(248) 702-0289

(248) 702-0289

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