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An NNN Capital Company

Advance Auto Parts

Price

$1,638,000

Deal In 30 Seconds

Ryan Day

STNL Property Video

Price

$1,638,000

The Deal in 30 Seconds

Ryan Day

Deal Highlights

Dense Residential Population: Strong 3- and 5-mile demographics, combined with limited competition east of M-85, support demand. 76% of workers drive alone, average commutes are 23.5 minutes, and 46.7% of households own two vehicles.

Triple-Net Lease Structure: Landlord responsibilities are limited to the foundation and walls, with the tenant covering all other maintenance, insurance, and property taxes. The fee-simple ownership may offer depreciation benefits, making this an attractive passive investment for 1031 exchange buyers.

Recession-Resistant Tenant: Advance Auto Parts (NYSE: AAP) reported positive EPS of $1.13 in 2025, its first profitable year since 2022. An aging U.S. vehicle fleet, growing miles driven, and continued aftermarket demand support the sector’s long-term resilience.

7.50%

Cap Rate

Triple Net

Lease Type

Term Remaining

3.5+ Years

$122,850

NOI

6,200 sqft

Bldg Size

1.00 acres

Lot Size

2009

Year Built

$87,163

3 Mile HHI

91,325

3 Mile Pop

Landlord Responsibilities: Foundation & Walls

Mark Thompson

Contact agent:

(689) NNN 9560

Ryan Day

Contact agent:

(689) NNN 9560

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Main Agent Contact:

Ryan Day

(689) NNN-9546

Additional Agent:

Mark Thompson

(689) NNN 9560

Advance Auto Parts

Price

$1,638,000

Deal In 30 Seconds

Ryan Day

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