ADAVANCED AUTO PARTS

1700 Dakota Avenue, South Sioux City, NE 68776

  • For Sale $897,000
  • Property Type Retail - Street Retail
  • Property Size 7,000 SF
  • Lot Size 0.67 Acre
  • Additional Rent Contact for pricing
  • Year Built 2000
  • Date Updated Oct 28, 2024
This Advanced Auto Parts investment property is located in South Sioux City, Nebraska.Lee & Associates | Omaha is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an NN leased, Advance Auto Parts investment property located in South Sioux City, Nebraska. The tenant, Advance Stores Company, Inc., has approximately 4 years remaining on its lease with 1 (5-year) option to extend, demonstrating their commitment to the site. The lease features a 22.68% rental increase at the beginning of the remaining option, steadily growing NOI and hedging against inflation. The lease is absolute NN with limited landlord responsibilities making it an ideal, low-management investment opportunity for a passive investor. Advance Auto Parts currently has over 4,000 locations across the United States, Canada, Mexico, and more.

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Attachments

Highlights

  • 4+ Years Remaining | Option to Extend | Popular Brand
  • NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
  • Signalized, Hard-Corner Intersection (52,000 VPD) | Excellent Visibility | Significant Street Frontage | Large Sign
  • Strong Demographics in 5-Mile Trade Area

Contacts

broker

Boomer Peterson

Lee & Associates - Nebraska

Location

Getting Around

  • Walk Score ®

    76/100 Very Walkable

  • Bike Score ®

    57/100 Bikeable
Powered by Walk Score ®
  • City South Sioux City, NE
  • Neighborhood South Sioux City
  • Zip Code 68776

Points of Interest

  • Casey's General Store

    0.16 miles

  • Speed Mart

    0.57 miles

  • Hy-Vee Gas

    0.84 miles

  • Kum & Go

    1.46 miles

  • Crystal Oil - Diesel

    1.96 miles

  • Crystal Oil - Gasoline

    1.98 miles

  • Pony Express

    2.55 miles

  • Dakota City Food & Fuel

    3.66 miles

  • Pump & Pantry

    8.26 miles

  • Pizza Hut

    0.08 miles

  • Thai & Lao's Kitchen

    0.29 miles

  • Dairy Queen

    0.32 miles

  • Hardee's

    0.46 miles

  • Taco Bell

    0.54 miles

  • Taco John's

    0.64 miles

  • Mi Familia

    0.66 miles

  • Subway

    0.68 miles

  • McDonald's

    0.69 miles

  • Chinese Chef

    0.70 miles

  • Nile Restaurant and Grocery

    0.13 miles

  • Banadir Coffee Halal & Grocery

    0.25 miles

  • Seoul Oriental Food Store

    0.30 miles

  • Marias Supermarket

    0.32 miles

  • Old Barrel Grocery & Liquor

    0.38 miles

  • Walmart Supercenter

    0.86 miles

  • Hy-Vee

    0.97 miles

Frequently Asked Questions

How much does ADAVANCED AUTO PARTS cost?

The space currently listed for sale at ADAVANCED AUTO PARTS asks for $897,000.

What is the total square footage of ADAVANCED AUTO PARTS?

ADAVANCED AUTO PARTS totals 7,000 square feet.

When was this property built?

ADAVANCED AUTO PARTS was built in 2000.

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Contact Listing Broker

broker

Boomer Peterson

Lee & Associates - Nebraska