Wood River, IL
Price: $1,560,000
Cap Rate: 6.25%
Status: UNDER CONTRACT
ADVANCE AUTO PARTS
934 E Edwardsville Rd | Wood River, IL 62095
Blue West Capital is pleased to offer for sale an Advance Auto Parts located within the St. Louis MSA. Advance Auto Parts is an investment grade rated company (S&P: BBB-) and is considered an essential business. This location has a long-term lease with over 10 years remaining and virtually no landlord responsibilities – tenant is responsible for only the roof, HVAC, and parking lot.
Strategically located in a retail corridor that features numerous auto repair shops and car dealerships along with national and local tenants including Walmart Supercenter, Walgreens, ALDI, Schnucks (Grocery Store), McDonalds and Burger King.
- Located just 20 miles from St. Louis
- Long-term lease with over 10 years remaining
- Recently constructed building (2015)
- Close proximity to the Wood River Refinery, capable of refining 380,000 barrels of crude oil per day and is the largest refinery operated by Phillips 66
OFFERING SUMMARY
Price: $2,650,000
Cap Rate: 6.00%
Year Built: 1989
Building Size: 4,803 SF
INVESTMENT CONTACT
ROBERT EDWARDS – LEAD
Managing Partner
Investment Sales
720.966.1630
Robert@BlueWestCapital.com
ZACH WRIGHT
Director
Net Lease Investment Sales
720.966.1628
Zach@BlueWestCapital.com
SHAWN DICKMANN
Analyst
Investment Sales
720.828.8310
Shawn@BlueWestCapital.com
TOM ETHINGTON
Managing Partner
Investment Sales
720.966.1624
Tom@BlueWestCapital.com
BRANDON GAYESKI
Associate
Investment Sales
720.966.1627
Brandon@BlueWestCapital.com