Advance Auto Parts | Penndel, PA
Sands Investment Group is Pleased to Exclusively Offer For Sale the 7,000 SF Advance Auto Parts NNN Asset Located at 56 West Lincoln Highway in Penndel, PA. This Deal Includes Over 9-Years Remaining on an Absolute Triple Net Lease With Zero Landlord Responsibilities on a Lease That is Corporately Guaranteed By Advance Auto Parts, Providing For a Secure Investment.
- Over 9-Years Remaining on an Absolute Triple Net Lease – Zero Landlord Responsibilities
- This Lease is Corporately Guaranteed By Advance Auto Parts, a Company With an Investment-Grade Credit Rating of BBB – From S&P and Baa2 From Moody’s, and $11.3 Billion in Annual Sales For 2023
- Founded in 1932, Advance Auto Parts Employs Over 65,000 People Nationwide
- Publicly Traded Entity on the New York Stock Exchange (NYSE: AAP)
- The On-Demand Need For Parts By Local Shops and DIY Mechanics Combined With the High Shipping Costs For Batteries and Other Parts Make the Retail Automotive Parts Sector an E-Commerce Proof and Recession Proof Essential Business
- Nearby Retailers include: Dunkin’ Donuts, Toyota, Wawa, Denny’s, Enterprise, McDonalds, Hyundai, Lowe’s and Langhorne Square Shopping Center
In Cooperation With Sands Investment Group Philadelphia, LLC – Lic. #RB069072 BoR: Tom Gorman – Lic. PA #RM424383
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