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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