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    Advance Auto Parts For Sale Title is generated by Realmo AI

    1740 M 139, Benton Harbor, MI

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    NNN leased investment opportunity with over 7 years remaining.

    Type:RETAIL
    Property size:
    7,973 SF
    Lot size:
    1.21 Acres
    Price / SF:
    $170/SF
    Added:
    Nov 25, 2025
    Days on Market:
    203
    Last Refresh:
    May 20 at 8:23 pm

    Property Features for 1740 M 139

    General Information

    Standard status
    Active
    Size
    7,973 SF
    Lot size
    1.21 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Scotty Latimer
    Scotty Latimer

    Listing agent Scotty Latimer License #471005983

    Listing office Matthews Real Estate Investment Services | Dallas

    Listing date Nov 25, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Matthews Real Estate Investment Services | Dallas

    HighLights

    • High average household income of $91,387 within a five‑mile radius.
    • Over 7 years remaining on the primary lease term.
    • Located along Scottdale Road (M‑139) with 14,500 VPD.
    • Proximity to Interstate 94 (63,600 VPD) connecting Chicago to Detroit.
    • Limited landlord responsibility (structure only).
    • Surrounded by top retailers including Walmart Supercenter, Lowe’s, and The Home Depot.

    Overview

    This property is occupied by Advance Auto Parts, a publicly traded company on the New York Stock Exchange (AAP). The lease structure limits landlord responsibility to the structure only. Over 7 years remain on the primary lease term, with 5% rental escalations in each option period. The property is situated along Scottdale Road (M-139), which experiences a traffic volume of 14,500 vehicles per day. Its location offers proximity to Interstate 94, with a traffic volume of 63,600 vehicles per day, connecting Chicago to Detroit. The surrounding area features a variety of retailers, including Walmart Supercenter, Lowe’s, The Home Depot, Meijer, Walmart, T.J. Maxx, and PetSmart. Over 49,000 residents live within a five-mile radius, with an average household income of $91,387 within the same area. The property size is 7,973 square feet.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $123.4k $15.48
    − Vacancy −$5.2k −$0.65
    EGI $118.2k $14.83
    − OpEx −$35.5k −$4.45
    NOI $82.8k $10.38
    7,973 SF · lease $15.48/SF/yr · vacancy 4.20% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.18M
    $1.03M – $1.38M (±1% cap)
    NOI $82,767 @ 7.0% cap · market cap 6.09%
    Second Best
    Industrial
    $508.9K
    $445.3K – $593.7K (±1% cap)
    NOI $35,620 @ 7.0% cap · market cap 2.62%
    Theoretical Best
    Office A
    $1.68M
    $1.47M – $1.96M (±1% cap)
    NOI $117,441 @ 7.0% cap · market cap 8.64%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Automotive properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Benton Harbor
    County
    Berrien
    State
    Michigan
    Longitude
    -86.4371
    Latitude
    42.086

    FAQs

    What type of property is this?
    Automotive property - NNN leased investment opportunity with over 7 years remaining.
    Where is this automotive property located?
    The property is located at 1740 M 139 Benton Harbor, MI.
    What is the asking price?
    The asking price for this property is $1,358,975.
    What are key features of this property?
    This property features: High average household income of $91,387 within a five‑mile radius.; Over 7 years remaining on the primary lease term.; Located along Scottdale Road (M‑139) with 14,500 VPD.
    (858) 866-6166 Call to check price and availability
    More about this property
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