Advance Auto Parts | Columbus, OH | 6+ Years NNN Lease

Highlights:

• -Located Directly off of I-70 & I-270 Overseeing 116,500 and 122,220 Vehicles-Per-Day, Respectively
• -Located on South Hamilton Road Which Oversees Over 21,100 Vehicles-Per-Day
• -Property Benefits from a 5-Mile Population of 241,315 and an Estimated 2.32% Increase in 2019
• -Located 1.75 Miles from Port Columbus International Airport which Sees 7.32 Million Passengers Annually
• -Surrounding Retailers Include Ford, Chrysler, Jeep, Dodge, Napa Auto Parts, Enterprise, Pizza Hut, Arby’s KFC, Burger King, Long John Silver’s, McDonald’s, White Castle, Wendy’s, Golden Corral, Subway, Kroger, Family Dollar, CVS, Walgreens, Rent-A-Center and TitleMax
• -8 Miles from Ohio State University with 45,200 Students and the 4th Largest Non-Auto Racing Stadium in the World, Ohio Stadium, with a Capacity of Over 102,000
• -Local Schools and Universities Include Whitehall Yearling High School (757 Students), Etna Road Elementary School (536 Students), Kae Avenue Elementary School (517 Students), Rosemore Middle School (736 Students)

Description:

-15 Year Lease Term with 6.5 Years Remaining on Triple-Net Lease, Excluding Roof and Structure and Parking Lot
-7.50% Rental Increase in the First and 7.92% in the Second Five-Year Option
-High Performing Location | 2016 Site Sales of $1.86M | 4.28% Rent to Sales Ratio | 13.3% YOY Increase in Sales Volume
-Billion Dollar Company | Advance Auto Parts has a Current Market Capitalization of $12.55 Billion
-Publicly Traded Corporate Guarantor (NYSE: AAP) Advance Auto Parts Operates Over 5,200 Locations and Sales of $9.5 Billion in 2016
-Advance Auto Parts is North America’s Largest Auto Parts Retailer and has Over 74,000 Employees
-Large 6,540 Square Foot Building Built in 1999 and Situated on a 1.54 Acre Lot

Documents: