Advance Auto Parts | Fort Wayne, IN
Sands Investment Group is Pleased to Exclusively Offer For Sale the 7,000 SF Advance Auto Parts NN Asset Located at 3810 East State Boulevard in Fort Wayne, IN. This Deal Includes Over 3-Years Remaining on a Corporate Guaranteed Lease, Providing For a Secured Investment.
- Tenant Has Been at This Prime Location Since 1998, Demonstrating a Steadfast Commitment to the Site and Ensuring Stability For Future Operations
- Over 3-Years Remaining on a Corporate-Guaranteed Lease
- Situated Within Fort Wayne, Indiana’s Second-Largest City, Boasting a Vibrant Population Exceeding 265,000 Residents
- 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
- Nearby National Tenants Include Lowe’s, Harbor Freight Tools, McDonald’s, Dairy Queen, Taco Bell, Arby’s, KFC and Dollar Tree
In Cooperation With Sands Investment Group Indiana, LLC – Lic. #RC52000211 BOR: Andrew Ackerman Lic. IN #RB20001918
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