Advance Auto Parts | Frankfort, KY
Sands Investment Group is Pleased to Exclusively Offer for Sale the 7,000 SF Advance Auto Parts NNN Asset Located at 268 Versailles Road in Frankfort, KY. This Deal Includes a Over 3 Years Remaining on a Corporate Guaranteed Triple Net Lease and the Lease is Backed 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, Providing For a Secured Investment.
- Over 3 Years Remaining on a Corporate Guaranteed Lease
- The Lease is Backed 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
- Situated on Versailles Rd, a High-Traffic Area With Over 30,000 VPD
- Premier Leader in the Automotive Aftermarket Parts Industry With Over 4,700 Stores in Operation
- 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
- Surrounded By High-Traffic National Tenants Such as T.J. Maxx, Dick’s Sporting Goods, Tractor Supply Co, Kroger, Kohl’s, Starbucks, Planet Fitness, Wendy’s and KFC
In Cooperation With ParaSell, Inc., A Licensed Kentucky Broker Lic. #260997 BoR: Scott Reid – Lic. KY #260934
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