Advance Auto Parts

Attractive Cap Rate: Offered at $1,062,069, representing a 7.25% capitalization rate.
Long-Term Commitment: The tenant recently signed an early extension to the lease, showing their past success & long-term commitment to the location.
Strong Brand Ranking: The site ranks in the top 78th percentile in brand ranking for the state of Louisiana, as per AlphaMaps.
Extended Lease Term: The asset has a lease with approximately ±11.50 years of remaining lease term, scheduled to expire on 12/31/2037
Income Growth Potential: The lease provides two 5-year renewal options, each featuring 10% rent escalations, supporting future income growth over an extended hold period.
NN Lease Structure: NN lease structure with the landlord responsible for roof, lot, structure, and 1/2 of HVAC over $500
Modern Retail Facility: The property consists of a ±7,000 SF building situated on a ±0.84 acre parcel with 28 parking spaces
High Traffic Exposure: The location is exposed to approximately ±26,200 vehicles per day, offering meaningful visibility and traffic flow for a retail tenant.
Excellent Access: The property benefits from dual access points, which enhances ingress and egress improving overall site circulation.
Dominant Retail Location: Leesville is the county seat of Vernon Parish, the primary retail hub for a rural region. Limited retail competition in this market supports stable sales volume for existing operators.
Proximity to Fort Polk: Fort Polk sits approximately 7 miles away from the site. Fort Polk is a major U.S. Army installation and home to the Joint Readiness Training Center (JRTC) and the 3rd Brigade Combat team, 10th Mountain Division. Fort Polk has over 7,300 active duty troops stationed there.

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Donnie Jarreau