Advance Auto Parts

Highlights:

• Advance Auto Parts is on a Corporate NN lease with 6+ years remaining.
• Positioned on a high-traffic outparcel to Walmart and The Home Depot, generating strong consumer traffic throughout the day.
• Nearby national retailers include PetSmart, Tractor Supply, Panera Bread, Chipotle Mexican Grill, Caribou Coffee, and numerous additional retail and dining destinations.
• Strong visibility off of Highway 169, a heavily traveled north-south corridor connecting the Twin Cities metro to central Minnesota, with average traffic counts of 53,308 vehicles per day.
• Strategically located along Zane Street NW in the primary retail corridor of Elk River with excellent visibility and convenient access.
• 5-mile average household income of $138,772 and population of 49,273.
• Advance Auto Parts is one of the largest automotive aftermarket parts retailers in North America, operating more than 4,300 stores across the United States, Canada, Puerto Rico, and the U.S. Virgin Islands.
• Elk River, Minnesota is a fast-growing community located about 35 miles northwest of Minneapolis. Known for its blend of small-town charm and outdoor recreation, Elk River offers residents and visitors a scenic setting with historic downtown shops, local restaurants, and easy access to the Twin Cities.

Description:

The Advance Auto Parts in Elk River, Minnesota is strategically positioned along Zane Street NW, one of the city’s primary commercial corridors with convenient access to Highway 169 and nearby residential neighborhoods. The property benefits from strong visibility and accessibility within a well-established retail trade area with nearby retailers including Walmart, The Home Depot, PetSmart, Chipotle, Caribou Coffee, and much more.

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