Corporate Guaranteed NNN Retail
For Sale
Contact for pricing
504 S Heaton St, Knox, IN 46534
Fee simple Advance Auto Parts NNN property features long-term occupancy and corporate guarantee with multiple 5-year lease options.
Property Size6,860 SF
Price / SF$197.52
Days on Market99
Property Features for 504 S Heaton St
General Information
Standard status
Active
Size
6,860 SF
Property subtype
RETAIL
Listing Agency:
SRS Real Estate Partners | Detroit
(248) 688-0630
Listed By:
Michael Carter · License #6501369793
(586) 549-4260
Source:
Moodyscre
Added: Jul 1
Changed: Sep 10
Last Checked: Oct 5 at 8:51PM
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 | Detroit
Investment Insights
Based on property information with market context.
SRS National Net Lease is offering the fee simple interest (land and building ownership) in a corporate guaranteed NNN Advance Auto Parts investment property in Knox, IN. The property is occupied by Advance Auto Parts, Inc., which has operated at the site for over 20 years. The lease includes three (3) five-year options to extend, with 5% rental increases at the beginning of each option period.
This is structured as an NNN lease, with minimal landlord responsibilities. The tenant is Advance Auto Parts, Inc. (NYSE: AAP), an automotive parts provider with over 4,300 stores.
Ownership includes the land and building associated with the Advance Auto Parts location at 504 S Heaton St, Knox, IN 46534.
This is structured as an NNN lease, with minimal landlord responsibilities. The tenant is Advance Auto Parts, Inc. (NYSE: AAP), an automotive parts provider with over 4,300 stores.
Ownership includes the land and building associated with the Advance Auto Parts location at 504 S Heaton St, Knox, IN 46534.
Key Highlights
- Fee simple ownership (land and building) of a NNN, corporate‑guaranteed Advance Auto Parts property in Knox, IN
- Advance Auto Parts, Inc. has occupied the site for over 20 years
- Lease includes three (3) 5‑year extension options
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
461
Businesses Nearby
53k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 70%
Dining 19%
Home Improvements & Furnishings 12%
BP
Shops & Services
12,723 visits/mo
0.3 miles
Phillips 66
Shops & Services
10,340 visits/mo
0.3 miles
Burger King
Dining
8,644 visits/mo
0.3 miles
Smith Farm Stores Inc
Home Improvements & Furnishings
6,198 visits/mo
0.4 miles
Dollar General
Shops & Services
5,124 visits/mo
0.3 miles
Demographics for 46534, IN
11,247
Population
5,614
Households
2
Avg Household Size
43
Median Age
12%
College-Educated
84%
High-School Grad
119.9 sq mi
ZIP Area
94
Density / Sq Mi
$60,248
Median Household Income
$32,470
Median Earnings
$634
Median Rent
$159,600
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
NNN property - Fee simple Advance Auto Parts NNN property features long-term occupancy and corporate guarantee with multiple 5-year lease 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 ownership (land and building) of a NNN, corporate‑guaranteed Advance Auto Parts property in Knox, IN; Advance Auto Parts, Inc. has occupied the site for over 20 years; Lease includes three (3) 5‑year extension options
