NAPA Auto Parts - Niles, MI_Propiedad en venta

323 South 11th Street, Niles, MI, 49120, US

NAPA Auto Parts - Niles, MI

Descripción del activo

Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to present for sale the single-tenant NAPA Auto Parts located in Niles, MI (the "Property" or "Asset"). The Property is situated along South 11th Street (M-51), which benefits from exposure to 20,000+ vehicles per day ("VPD"). The Property is occupied by NAPA Auto Parts (the "Tenant"), which is subject to an ±18-year Abs. NNN lease with 1% annual rent bumps and four 5-year renewal options.

...

Atributos

Área de construcción neta

505 m²

Ocupación

100 %

Año de construcción

1985

Área de terreno bruta

0,38 ha

Medios

Aspectos destacados de la inversión

Absolute NNN Lease with ±18 Years of WALT (4, 5-year options)
Genuine Parts Company provides an investment-grade (S&P: BBB) guarantee.
The Property is situated along South 11th Street (M-51), which benefits from exposure to 20,000+ vehicles per day ("VPD")
The Asset is within close proximity to employers such as Corewell Health Lakeland Hospitals Niles Hospital and major retailers such as Walgreens, Popeyes, Starbucks, AutoZone, The UPS Store, and Hardee's