Advance Auto Parts
Single-Tenant Offerings
Advance Auto Parts
2201 Hamilton Blvd.
Sioux City, IA
- Price:
- $1,231,000
- Cap Rate:
- 7.35%
- NOI:
- $90,444
- Rentable SQFT:
- 6,747 SF
- Year Built:
- 2002
- Lot Size:
- 0.53 +/- Acres
- Lease Type:
- NN
- Status:
- Available
Investment Highlights
- 10+ Years Remaining, Tenant Recently Agreed to an Early Lease Extension
- 23+ Year Operating History at This Location, Proven Concept in the Trade Area
- Corporate Guaranty (NYSE: AAP), 4,777+ Locations with $11.3 Billion in Revenue
- Industry Leader, One of the Largest Aftermarket Auto Parts Providers in the U.S.
- Recession-Resistant Tenant, Demand for Auto Parts and Maintenance Services Remains in All Economic Environments
- Future Re-Leasing Flexibility and Potential Upside in Strong Retail Corridor with $13.40/SF in Rent
- Serving Over 98,000 Residents in Growing Trade Area
- Down the Street from High-Volume Hy-Vee Grocery Anchored Center and Surrounded by National Retailers
- Hard Corner Location, Highly Visible to 26,000+ Cars/Day Along Major Commercial Artery
- Easy Access to I-65 with 70,100+ Cars/Day, a Major North/South Cross-Country Highway
- 1.5 Miles to Hard Rock Hotel & Casino Sioux City with Approximately 1.8 Million Visitors/Year
- Strong Daytime Population, Over 41,000+ Employees in Primary Trade Area
- Close Proximity to Several K-12 Schools with 8,000+ Students
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