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1740 Scottdale Road M-139, Benton Harbor, MI, 49022

Advance Auto Parts
$1,402,812

Key Information

Cap Rate
7.75%
Tot. SF
7,973
Lot Size
1.08 Acres
Year Built
2017
Term Remaining
±6.75 YRS
Type
Retail

Highlights

  • 2017 build-to-suit construction for Advance Auto Parts
  • ±6.75-Years remaining on the base term of an initial 15-year lease
  • ±30,573 Vehicles daily at the intersection of Scottsdale Rd & NapierAve
  • 5-Mile population of ±52,549 residents
  • Affluent demographics with an average household income of $96,416 annually
  • Positioned within a thriving retail corridor surrounded by nationalretailers including Walmart Supercenter, Lowe’s, The Home Depot,Khol’s, Meijer, T.J. Maxx, PetSmart, and many more
  • Benton Harbor is positioned along the southeast corner of Lake Michigan, with easy access to several beaches and lakeshore parks
  • Benton Harbor is located just 40-miles north of South Bend, Indiana
  • Advance Auto Parts (NYSE: AAP) is one of the nation’s largest automotive aftermarket parts providers, serving both professional installers and do-it-yourself customers.
  • Lease is corporate guaranteed by Advance Stores Company, Inc.(S&P Rated BB)
  • Considered an essential retailer, Advance Auto Parts has maintained consistent operations and rent payments, including throughout theCOVID-19 pandemic.

Photos

Location

Agents

Broker of Record

Matt Fitzgerald

License # 6505432273 (MI)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203