Advance Auto Parts

 

  • 11+ Years Remaining on NNN Corporate Lease
  • Rent Increases in 2020 and Each Option
  • Advance Auto Parts (NYSE: AAP)  is an Investment Grade Tenant (S&P BBB-)
  • Minimal Landlord Responsibilities
  • Top Performing Location – Sales Increase of 7.50% from 2012 through 2014
  • Hub Store for Surrounding Market Area
  • Recently Signed Lease Extension Through 2026 – Tenant is Committed to Location
  • Dense, High Traffic Retail Area with National Credit Tenants in Surrounding Area
  • High Daily Traffic Count of 40,000+ VPD