STNL Property Video
Price
$1,638,000
The Deal in 30 Seconds
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













