Located within the Detroit MSA, the 14th largest in the U.S.
Blue West Capital is pleased to exclusively offer for sale a single tenant net leased Advance Auto Parts property located in the Detroit MSA. There are approximately six years remaining on the net lease. Advance Auto Parts recently exercised an early lease extension evidencing the success of the store and their commitment to the location. Advance Auto Parts is an investment grade rated tenant (S&P: BBB-).
The Advance Auto Parts is in Eastpointe, MI within a densely populated area. There are over 21,000 people living within one mile of the property and over 150,000 people living within three miles. The property is positioned at a hard corner along Gratiot Avenue (37,000 VPD). The property is surrounded by numerous car dealerships and auto service shops. Retailers in the immediate area include Costco, Kroger, Petco, Bank of America, Rite Aid, Walgreens, Olive Garden, and First State Bank.
This property can be purchased individually or with another similar Advance Auto Parts in Lincoln Park, MI or with several other STNL properties in Florida. Contact broker for details.