投资亮点： * 独栋建筑，10,880 平方英尺，位于 Bay 街旁，State 路和 Davenport 路之间。 项目与每条道路均有临街的部分，每个入口处都有标识。 三条道路的交通流量总计每天约 42000 辆* 目前出租给 Advance Stores Company, Inc.公司，经营挂牌名称为 Advance Auto Parts。 * 双净租约，单一租户，年租金 119680美元。投资概述： 本项目的 10,880 平方英尺面积均已出租给 Advance Auto 公司。 租约 2003 年起，将在 2019 年 7 月 31 日结束，到期后有一次 5 年续约选择。 线租金为每年119,680 美元，如续约，租金则上涨至 141,440 美元。业主须负责屋顶和整体结构，租户负责其他维护费用和地产税。 Advanced Auto 在萨吉诺(Saginaw)市场中共有 4 家店铺（其中一家店铺的运营名称为 Car Quest），本项目就是其中一个地点。该公司的店铺还以 Auto Zone（4 家店铺） 和 O’Reilly (3家店铺) 两个名称运营。 租约条款允许租户在 2012 年结束租赁，但租户在这一年并没有选择终止租赁。 项目地理位置优越，毗邻 Bay 街，这条道路是西萨吉诺地区主要的南北要道，位于 State 路和 Davenport 路之间，这两条道路也是当地东西向要道。 从项目有三个出入口可直接去往三条道路。三条道路的日均车流量大约为 42000 辆。一英里半径内的人口大约为 13715 人，家庭平均收入 51576 美元，中间家庭收入为 41738美元。三英里半径内人口72148 人，平均家庭收入53902 美元，中间家庭收入为 44500美元。
**THE PROPERTY SHALL BE DEED RESTRICTED AGAINST PHARMACY AND RETAIL HEALTH SERVICES ONLY** **CLOSE OF ESCROW IS ON OR BEFORE JUNE 29th**Investment Highlights: * Free standing, 10,880 SF facility located on Bay street between State and Davenport. Curb to each street and signage at each entry. Three street access with traffic counts of +/- 42,000. * Currently leased to Advance Stores Company, Inc., d/b/a Advance Auto Parts. * NN, single tenant with annual rent of $119,680. Investment Overview: This is the lease of a 10,880 SF facility to Advance Auto. The lease commenced in 2003 and will terminate on 7/31/2019 with one 5-year option available beyond that date. Current annual rent is $119,680 while the rent for the option period would increase to $141,440. The LL has responsibility for roof and structure, while the Tenant is responsible for other maintenance, as well as reimbursement of real estate taxes. This is one of four Advanced Auto units in the Saginaw market (one operating as Car Quest), as compared to Auto Zone (4) and O’Reilly (3). The subject lease allowed the tenant to terminate the lease in 2012, but the tenant did not elect to do so. The property is strategically located on Bay Street, the main north south corridor in west Saginaw, and in between State and Davenport, major east-west arteries in the market. There is access to all three streets with combined average daily traffic counts of approximately 42,000. Demographics within one mile reveal a population of 13,715 people, an average HH income of $51,576, and a median HH income of $41,738. The three mile population is 72,148 with an average HH income of 53,902 and a median HH income of $44,500. This is a strong neighborhood location with solid middle class demographics and favorable site characteristics, as regarding accessibility, ingress/egress, traffic counts, signage, parking and visibility.\ This property will be auctioned on Tuesday, May 30 - Thursday, June 1 . The price displayed is the starting bid amount of $275,000. For information and to register to bid on this property, please visit Ten-X.com.
