The Cooper Commercial Investment Group closed the sale of an Advanced Auto Parts in the Midwest region. Dan Cooper, president and broker of the Cleveland-based company, represented the seller, a private investment group based in the Midwest.
The buyer is a private out-of-state group. Cooper Commercial found the buyer on the first day of marketing the property.
The sale on this investment property was for $1.225 million, representing a CAP rate of 7.34 percent and more than $177 a square foot.
