Advance Auto Parts | Delaware, OH
Sands Investment Group is Pleased to Exclusively Offer For Sale the 7,000 SF Advance Auto Parts NNN Asset Located at 525 North Houk Road in Delaware, OH. This Deal Includes a Over 3-Years Remaining on a Corporate-Guaranteed Triple Net Lease That is also 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
- Situated in a Thriving Community With 107,195 Residents and an Average Household Income of $158,910 Within a 10-Mile Radius
- Positioned Directly Off W Central Ave, With Daily Traffic Exceeding 15,000 Vehicles
- 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
- 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
- Located Near Popular National Brands Such as Kroger, Planet Fitness, Buffalo Wild Wings, CVS, Panera Bread, Burger King and McDonald’s
In Cooperation With ParaSell, Inc., A Licensed Ohio Broker – Lic. #REC.2020005946 BOR: Scott Reid Lic. OH #BRKP.2020001224
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