Advance Auto Parts

Investment Grade Credit Tenant – Advance Auto Parts
(Moody’s Rated “Baa2”, Outlook: Stable)
• Net Leased Investment – Minimal Landlord Responsibilities
(Roof & Structure Only)
• 6 Lease Years Remaining – 3, 5 Year Options
• Attractive Inflation Hedge – 19% Increase in Option 1 &
5% Increases Each Option Thereafter
• Heavily Trafficked Location with ~38,000 VPD at the Subject Property
• Dense Infill Location – 0.50 Acres of Land – 6 Miles from
Downtown Chicago, IL
• Nearby Major Retailers: ALDI, Target, Walgreens, Jewel-Osco,
Pete’s Fresh Market, McDonald’s, Bank of America
• NYSE: AAP – Total Revenue of $9.7B (2019) – Net Income of $486.8M (2019)
• One of the Nation’s Top Automotive Replacement Part & Accessories Retailer
• Strong Demographics – Over 308,632 Residents within a 3 Mile Radius
• Average Household Income of Over $57,700 within a 3 Mile Radius