Advance Auto Parts

• Attractive 8.25% cap rate.
• ±4.5 Years remaining on a recently extended lease.
• Advance Auto Parts has successfully operated at this location for +25 years, proving their commitment to the location and market.
• Located near several national retailers and neighbors’ to many notable tenants including Walmart, Lowe’s, Kroger, Wendy’s, and Raising Cane’s Chicken to name a few.
• 3-Mile population of ±61,498 residents.
• 5-Mile population of ±84,687 residents.
• Traffic counts at the intersection of N Limestone & Route 40 exceed ±39,600 vehicles daily.
• The subject property is located just ±2 miles from Wittenberg University.
• Advance Auto Parts (NYSE: AAP) is one of the nation’s largest automotive aftermarket parts providers, serving both professional installers and do-it yourself customers.
• Lease is corporate guaranteed by Advance Stores Company, Inc. (S&P Rated BB)
• Considered an essential retailer, Advance Auto Parts has maintained consistent operations and rent payments, including throughout the COVID-19 pandemic.