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| Price $9,600,000 $10,410,947 | Built/Renov 1980 | Tenant Best Buy |
| Cap Rate 8.13% 7.50% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
50,128
| Lease Start
03-21-2003
| #Units
1,138
|
| Price/SF $191.51 $207.69 | Expiration
03-20-2028
| Tenant Type Big Box Retail |
| NOI $780,821 | R. Term 2.10 | Ownership Fee Simple |
| Rent/SF
$15.58
| Increases 3.0%/5/yrs | Pop 5Mi 143,281 |
| Lot/AC 5.00 | Options 4/5yrs/3% | AHHI 5Mi $93,195 |
| | |
Best Buy is strategically located along Grape Road, benefiting from its strategic position along Interstate 80, with access to 25,977 vehicles passing by daily. This dense retail corridor hosts several shopping centers featuring nationally recognized tenants including Target, Menards, Ross, Walmart, Sam’s Club, The Home Depot, and many others. Moreover, the property is positioned across from...
...In location for years
Dense retail corridor
Near major nationals
Freeway close
Strong demographics
Major MSA
Long operation history
Absolute NNN
Traded and rated company
Corporate Guarantee
Best Buy (NYSE: BBY) is an American multinational consumer electronics retailer. Originally founded in 1966 as an audio specialty store called Sound of Music, it was rebranded to Best Buy in 1983...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 6,786 | 54,268 | 143,020 |
| 2023 Total Population : | 6,573 | 54,501 | 143,281 |
| 2023 Employed Civilian Pop : | 3,735 | 28,485 | 73,270 |
| 2023 Total Businesses : | 664 | 2,190 | 5,607 |
| 2023 Average Household Income : | $ 102,322 | $ 102,930 | $ 93,195 |
| 2023 Total Consumer Spending : | $ 297 M | $ 2039 M | $ 4635 M |
| 2023 Median Age : | 40 | 39 | 37 |
| 2023 Total Households : | 3,388 | 22,915 | 57,261 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,420 | 10,191 | 21,491 |
| 2023 Average Home Value : | $ 235,198 | $ 261,791 | $ 231,556 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Grape Road | I- 80 | 2021 | 17,466 | 0.15 mi |
| University Drive | N Main St | 2021 | 8,957 | 0.23 mi |
| Cleveland Road | Leo St | 2018 | 23,029 | 0.34 mi |
| Grape Road | State Rd23 | 2021 | 14,649 | 0.34 mi |
| Cleveland Road | Cleveland Rd | 2021 | 29,124 | 0.37 mi |
| Grape Road | Adams Rd | 2021 | 8,295 | 0.38 mi |
| Cleveland Road | Ruth St | 2021 | 24,900 | 0.39 mi |
| I- 80 | 2021 | 25,721 | 0.40 mi | |
| Cleveland Rd | State Rd23 | 2018 | 15,975 | 0.40 mi |
| Indiana Toll Road | N Main St | 2018 | 25,977 | 0.40 mi |
Camp Hill, PA
Cap Rate 7.49%
Lease NN+
R. Term 6.50 yrs
Size/SF 50,302
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
