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

NAPA Auto Parts - Niles, MI

描述

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.

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特性

建築物面積 (淨面積)

5,440 平方呎

使用／出租率

100%

落成年份

1985

土地面積

0.93 英畝

媒體

投資亮點

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