Advance Auto Parts NNN — Middle River, MD

$2,189,675 · 6.15% CAP · 9.5 YRS

Corporate Advance Auto Parts store from a 2016 build east of Baltimore. A long-term extension leaves about 9.5 years on the NNN lease, with three 5-year options behind it.

Lease Abstract

Price

$2,189,675

Cap rate

6.15% CAP

NOI

$134,665

Term remaining

9.5 YRS

Lease type

NNN

Options

Three, 5-Year Options

Guarantee

Corporate

Building

6,982 SF

Lot

0.54 AC

Year built

2016

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

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