Tenant: Advance Auto Parts | Beverly, OH
Premises: 6,889 SF
Renewal Options: 5 x 5 Years
Lease Expiration: 12/31/2030
Lease Type: NN
Rental Increases: 5% Every 5 Years
Sands Investment Group is Pleased to Exclusively Offer For Sale the Advance Auto Parts NN Asset Located at 215 5th St in Beverly, Ohio. This deal Includes Over Seven Years Remaining on a Corporately Guaranteed Lease With Minimal Landlord Responsibilities, Providing For a Secured Investment.
In Cooperation With ParaSell, Inc., A Licensed Ohio Broker – Lic. #REC.2020005946 BoR: Scott Reid – Lic. OH #BRKP.2020001224
Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities
Advance Auto Parts, Inc. is a leading automotive aftermarket parts provider that serves both professional installer and do-it-yourself customers. As of July 15, 2023, Advance operated 4,790 stores and 319 Worldpac branches primarily within the United States, with additional locations in Canada, Puerto Rico and the U.S. Virgin Islands. The company also served 1,307 independently owned Carquest branded stores across these locations in addition to Mexico and various Caribbean islands. Advance employs approximately 68,000 Team Members. Advance Auto Parts locations offer a variety of services and high-quality parts to help you get the job done right and get your vehicle back on the road. In many locations you can take advantage of enhanced e-commerce capabilities enabling you to browse and buy your parts online, and have them available for pickup in your nearby store within 30 minutes.