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PRICE REDUCED | Advance Auto Parts | 26,000 VPD
205 E. Caswell St., Wadesboro, NC
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Investment Highlights
- Signalized Hard Corner With over 26,000 Vehicles Per Day
- Adjacent to BB&T Bank and Surrounded by National Tenants
- Corporate Guaranty from Investment Grade Tenant (NYSE: AAP, BBB- S&P)
- Located on Heavily Trafficked NC Hwy 74 just 40 miles east of Charlotte, NC
- Strong residual value with $14/sf rent
- Ideal 1031 Exchange
- SELLER IS MOTIVATED
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The subject property consists of a 7,000 sf single tenant Advance Auto Parts situated on approximately .76 acres. The site is located on a corner at the signalized intersection of E. Caswell St. (NC Hwy 74) and N. Washington St. in the heart of downtown Wadesboro. The store is adjacent to a BB&T Bank and is surrounded by national retailers including: Wendys, Arbys, Burger King, AutoZone, O Reilly Auto, KFC, SunCo, and many more. Wadesboro also is home to a Walmart Supercenter just 2 miles to the west of the site. The subject property has full access and excellent visibility to the more than 26,000 vehicles that pass the site each day.
Wadesboro is the county seat of Anson County, North Carolina. The town of Wadesboro is positioned at the intersection of NC Hwy 74 (locally named Caswell St.) & NC Hwy 52. Wadesboro is just 40 miles east of Charlotte, NC and just 18 miles west of Rockingham, NC
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Jordan Kaufman Co.
One South Dearborn Suite 2100
Chicago, IL 60603
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Jordan Kaufman
President
(312) 212-4292
(773) 243-6688
jordanjkaufman@icloud.com
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