Advance Auto Parts | Bloomington, IL
For Sale
Advance Auto Parts | Bloomington, IL
Asking Price: $1,140,000
| Cap Rate: 7.5%
- Net Operating Income: $85,680
- Weighted Avg. Lease Term (WALT): 4.7 Years
- Lease Type: Net
Property Highlights
- New 5 year extension demonstrates commitment to location with 15 year occupancy history
- Leased to Advance Auto Parts (NYSE:AAP) – Investment Grade Tenant, Declared an essential business
- Top 10 College Town – located less than 2.5 miles from both Illinois State University and Illinois Wesleyan University
- Excellent Visibility – Located on main throughfare (20,000 VPD) to Downtown Bloomington, both Universities, and ingress/egress of I-55/I-74
