Advance Auto Parts For Sale

Description:

INVESTMENT HIGHLIGHTS
• Recent 10-year-extension showing long-term commitment to the site
• Incredibly strong reported sales at the location, please contact broker for additional information
• Minimal Landlord responsibilities: The tenant takes care of repairs & replacement of the roof, parking lot, HVAC, taxes and insurance
• 92nd percentile store nationally, per AlphaMaps
• 12%+ Rental Increase in first option

LOCATION HIGHLIGHTS
• Expected 9% population growth over the next 5 years
• Average household income over $80,000/yr within a 5-mile-radius
• Florida is a tax-free state
• 28,500 Vehicles/day
• Surrounded by many credit retailers like Home Depot and Publix
• Located 1-mile away from an 800,000+ SF Shopping Center
• Less than 10 miles from John F Kennedy Space Center

TENANT HIGHLIGHTS
• Advance Auto Parts is a publicly traded company | NYSE: AAP
• Credit rated tenant | S&P Global: BB-Plus | Moody’s: Baa2
• Long Operating History | (91 Years) with over 4,400 locations

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