Net Leased Auto Parts
504 S Heaton St Knox, IN 46534
504 S Heaton St, Knox, IN, 46534
$1,355,000
For Sale
$1,355,000
Fee-simple NNN property occupied by Advance Auto Parts for over 20 years with three five-year extension options.
Property Size6,860 SF
Price / SF$197.52
Days on Market43
Property Features for 504 S Heaton St
General Information
- Standard status
- Active
- Size
- 6,860 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2006
Properties For Sale
at 504 S Heaton St Contact us
Listing agency
SRS Real Estate Partners Newport Beach
(586) 549-4260
Listed by
Michael Carter · License #6501369793
(586) 549-4260
Source
Srsre
Added: Jun 9 Updated: Jul 20 at 7:01PM Checked: Jul 21 at 2:57AM
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 SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
SRS National Net Lease offers the fee simple interest (land and building ownership) in an NNN Advance Auto Parts investment property. The lease is corporate guaranteed by Advance Auto Parts, Inc. (NYSE: AAP), and the tenant has occupied the site for more than 20 years.
The lease includes three (5-year) options to extend, with 5% rental increases at the beginning of each option period. The structure is NNN, with minimal landlord responsibilities.
Advance Auto Parts operates as a leading automotive parts provider and, per the offering materials, has over 4,300 stores. The property is located at 504 S. Heaton St in Knox, Indiana.
The lease includes three (5-year) options to extend, with 5% rental increases at the beginning of each option period. The structure is NNN, with minimal landlord responsibilities.
Advance Auto Parts operates as a leading automotive parts provider and, per the offering materials, has over 4,300 stores. The property is located at 504 S. Heaton St in Knox, Indiana.
Key Highlights
- Fee‑simple NNN investment property with land & building ownership
- Advance Auto Parts tenant occupied the site for over 20 years
- Lease includes three 5‑year extension options
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
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FAQs
What type of property is this?
NNN property - Fee-simple NNN property occupied by Advance Auto Parts for over 20 years with three five-year extension options.
Where is this nnn property located?
The property is located at 504 S Heaton St Knox, IN.
What is the asking price?
The asking price for this property is $1,355,000.
What are key features of this property?
This property features: Fee‑simple NNN investment property with land & building ownership; Advance Auto Parts tenant occupied the site for over 20 years; Lease includes three 5‑year extension options
