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Advance Auto Parts Net Lease Real Estate NN Automotive Texas

Advance Auto Parts | San Antonio, TX
Make an Offer
Investment Offering

Tenant: Advance Auto Parts | San Antonio, TX
Premises: 6,486 SF
Renewal Options: 3 x 5 Years

Lease Expiration: 5/31/2027
Lease Type: NN
Rental Increases: 7.5% at Options


Sands Investment Group is pleased to present this net lease real estate investment located in San Antonio, Texas.

  • Corporate Guaranteed Lease From Investment Grade Tenant (BBB) with 9 Years Remaining
  • 3 x 5 Year Options to Renew with 7.5% Rent Increases at Each Option
  • Over 154,000 People at an Average Household Income of $43,109 Within a 3-Mile Radius
  • Outstanding Traffic with Over 17,000 VPD Along Nogalitos Street
  • Located just South of Downtown San Antonio (12 Minutes), Tower of the Americas (8 Minutes), AT&T Center (11 Minutes) & the San Antonio Zoo (20 Minutes); East of Lackland Airforce Base (13 Minutes)
  • Nearby Retail Includes: Walgreens, CVS, McDonald’s, Dairy Queen, Shell, Valero and Church’s Chicken

In Cooperation with Sands Investment Group Austin, LLC – Lic. # 9004706

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Read additional thought leadership content from SIG, specializing in absolute triple net lease opportunities

Tenant Overview

Headquartered in Roanoke, Virginia, Advance Auto Parts, Inc. is the largest automotive aftermarket parts provider in North America serving both the professional installer and do-it-yourself customers. AAP was founded in 1932 and had 2015 sales of approximately $9.74 billion. Advance operates over 5,261 stores, over 111 Worldpac branches and serves approximately 1,325 independently owned Carquest branded stores in the United States, Puerto Rico, the U.S. Virgin Islands and Canada.

Advance employs approximately 74,000 team members and works hard to create an environment of honesty, integrity, mutual trust and dedication. Since their founding by Arthur Taubman in 1932, these values haven’t changed.

In 2005, Advance Auto Parts purchased Autopart International, Inc. which operates 202 stores along the Atlantic Seaboard. As of 2014, Autopart International still operates as a separate division within Advance Auto. Advance Auto Parts is now the largest automotive aftermarket retailer in the United States based on sales and store count. The company premiered on the Fortune 500 list of companies in 2003 at No. 466 and has remained on the list since that time. As of June 2014, it was ranked at No. 1,412 on the Forbes magazine “World’s Biggest Public Companies” list.

In 2013 AAP purchased General Parts Inc. including CARQUEST, CARQUEST Canada and WorldPac for $2.04 billion.

Area Overview

Advance Auto Parts | San Antonio, TX

2619 Nogalitos Street - San Antonio, TX 78225

Contact Broker for Details

Status: Sold

Advance Auto Parts | San Antonio, TX

Max Freedman

512.766.2711
max@SIGnnn.com

Elan Sieder

512.649.5185
elan@SIGnnn.com

Make an Offer
$8 BILLION IN SALES

Leverage our Platform
List with SIG

Our Intentions

We believe in giving back. There’s a big world outside of the real estate bubble and we know that with success comes responsibility.

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