Wood River, IL
Price: $1,560,000
Cap Rate: 6.25%
Status: UNDER CONTRACT

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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

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2021-05-11T11:19:58-07:00
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