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Advance Auto Parts NNN property for sale — Kalkaska, MI

Advance Auto Parts NNN — Kalkaska, MI

$980,000 · 7.50% CAP · 10.2 YRS

Kalkaska Advance Auto Parts comes in under a million — $980,000 — at a 7.5% cap on corporate NNN. About 10.2 years remain, producing $73,500 of NOI.

Lease Abstract

Price
$980,000
Cap rate
7.50% CAP
NOI
$73,500
Term remaining
10.2 YRS
Lease type
NNN
Guarantee
Corporate

Listing information is deemed reliable but not guaranteed — pricing, cap rates, and lease terms are subject to change, prior sale, or withdrawal without notice.

Location

Kalkaska, Michigan. Full address and offering memorandum released on request — see our Advance Auto Parts tenant guide and the Michigan market page for the underwriting context.

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Listing information is deemed reliable but not guaranteed — pricing, cap rates, and lease terms are subject to change, prior sale, or withdrawal without notice.

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