Investment Grade Credit Tenant – Advance Auto Parts
(Moody’s Rated “Baa2”, Outlook: Stable)
• 9.8 Lease Years Remaining – 3, 5 Year Options – 7.6% Increase in Option 1
10% Increases Thereafter
• Net Leased Investment – Minimal Landlord Responsibilities
(Slab/Foundation & Structure Only)
• Hard Corner Signalized Intersection Positioning
Excellent Visibility Easy Ingress/Egress
• Long Term Passive Investment – Ease of Management
Zero Day-to-Day Maintenance Responsibilities
• Nearby Major Retailers Including CVS, AutoZone, O’Reilly Auto Parts,
Firestone Complete Auto Care, Chase Bank, Bank of America, Burlington
• 0.50 Acres of Land – 6,768 SF Building
• NYSE: AAP – Total Revenue of $10.1B (2020) – Net Income of $493M (2020)
• One of the Nation’s Top Automotive Replacement Part & Accessories Retailer
• Population – Over 237.300 Residents within a 5 Mile Radius
• Average Household Income of Over $81,900 within a 5 Mile Radius