Monday, December 29, 2014

Investment Offering - 6,889 SF Advance Auto Parts | Burleson, Texas


Investment Highlights

  • Triple Net Lease - High Quality New Construction
  • Advanced Auto Parts, Inc. - NYSE (AAP) second largest auto aftermarket parts provider in North America
  • Investment Grade Credit: Standard & Poor = BBB - Stable; Moody's = Baa3 Stable
  •  Standard 6,889 SF  prototype 
  • 15 year term at $17.50 PSF
  • Four (4) Renewal options of 5 years with 10% rent bumps
  • Estimated Rent Commencement - April 9,2015
  • 74,000 people within 5 mile radius
  • Estimated Average Household Income: $89,000 in a mile radius 



Additional Tags: 
NNN Properties, auto, 1031 Exchange, parts, off market real estate investment properties, car, STNL property

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