Advance Auto Parts

$534,500

Key Information

Cap Rate

8.15%

$ per SF

$97

Tot. SF

5,500

Lot Size

0.88 Acres

Year Built

1997

Type

Retail

NOI

$43,560

Highlights

• Corporately guaranteed lease by Advance Stores Company, Inc.
• Advance Auto Parts has successfully operated at this location since 1996
• Tenant signed an early extension in 2025 indicating unit-level commitment and success
• Base term now runs through Dec. 2033 with a rent bump in Jan. 2031
• Ample parcel size of ±0.88 acres with 5,500 SF
• Fundamentally low base rent of $7.92 PSF