Advance Auto Parts For
1740 M 139 Benton Harbor, MI
1740 M 139, Benton Harbor, MI, 00000
Contact for pricing
For Sale
Contact for pricing
NNN leased investment opportunity with over 7 years remaining.
Property Size7,973 SF
Lot Size1.21 Acres
Price / SF$170.45
Days on Market238
Property Features for 1740 M 139
General Information
- Standard status
- Active
- Size
- 7,973 SF
- Lot size
- 1.21 Acres
- Property subtype
- RETAIL
Listing Agency
Matthews Real Estate Investment Services | Dallas
(858) 866-6166
Listed by
Scotty Latimer · License #6501369793
(858) 866-6166
Source
Moodyscre
Added: Nov 25, 2025 Updated: Jul 6 at 10:30 am Checked: Jul 21 at 6:18 am
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
Investment Insights
Based on property information with market context.
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.
Key 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.
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
NOI $82,767 @ 7.0% cap · market cap 6.09%
Second Best
Industrial
$508.9K
$445.3K – $593.7K
NOI $35,620 @ 7.0% cap · market cap 2.62%
Theoretical Best
Office A
$1.68M
$1.47M – $1.96M
NOI $117,441 @ 7.0% cap · market cap 8.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Automotive properties
Similar For Sale Nearby
Similar Off Market Nearby
- U-Haul Moving & Storage of Benton Harbor — 1529 M-139, Benton Harbor, MI 49022
- Trailer Rental at U-Haul — 1529 M-139, Benton Harbor, MI 49022
- U-Box at U-Haul — 1529 M-139, Benton Harbor, MI 49022
- Propane Refill at U-Haul — 1529 M-139, Benton Harbor, MI 49022
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 $1,359,000.
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.
