
Advance Auto
Confidential, Pennsylvania

Price:
$1274074
Cap:
6.75%
NOI:
$86,000
Square Footage:
7,000
Lot Size:
1.3 Acres
Year Built/Remodeled:
0
Property Description:
This offering is a great opportunity for an investor looking for a low-management, net leased, credit tenant deal with strong intrinsic value. Advance Stores, Inc. (NYSE: AAP) has an investment grade credit rating S&P BBB-. The tenant recently signed an extension to the lease; demonstrating their commitment to the site. Very strong store sales with 12 years remaining on NN lease. The rent increases 10% in the option periods.
Confidential, please call or email to receive a confidentiality agreement.
Investment Highlights:
Corporate Lease - Advance Auto Parts, Inc.
Tenant operates more than 3,300 locations
Investment Grade S&P Rating: BBB- (NYSE:AAP)
12 Years Remaining on NN Lease
Financial Summary:
All cash
Contact Broker/Request OM
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