Auto Parts
Advance Auto Parts
300 S 1st Ave, La Grange, KY 40031
Listing Price: $1,621,000
Investment Overview
Marcus & Millichap is pleased to present Advance Auto Parts, a rare investment opportunity for an investor to purchase a truly iconic brand with a proven track record of success in the submarket of La Grange, KY. This unique investment opportunity is ideally positioned in the main retail corridor of this community with excellent visibility and signage. The subject property has a corporate guaranteed NNN lease as well as a successful 18-year operating history. Advance Auto Parts is a fortified asset class and is recession and pandemic resistant. The subject property has a variety of phenomenal core real estate drivers that ensure future appreciation and stability of the location.
Advance Auto Parts
Investment Highlights
- NNN (Landlord Responsible for Structure only - Corporate Guaranteed Lease
- Successful 18-Year Operating History
- Fortified Asset Class - Recession & Pandemic Resistant
- Ideal Demographics for Concept - HH Income at $102,385 within 5 miles & Median age at 35.4 within 1 mile
- Excellent Sightline, Visibility, Exposure & Signage - Located in the Main Retail Corridor of this community
- Located 20 miles Northeast of Louisville, KY
Listing Price: $1,621,000
Investment Highlights
- NNN (Landlord Responsible for Structure only - Corporate Guaranteed Lease
- Successful 18-Year Operating History
- Fortified Asset Class - Recession & Pandemic Resistant
- Ideal Demographics for Concept - HH Income at $102,385 within 5 miles & Median age at 35.4 within 1 mile
- Excellent Sightline, Visibility, Exposure & Signage - Located in the Main Retail Corridor of this community
- Located 20 miles Northeast of Louisville, KY
Investment Overview
Marcus & Millichap is pleased to present Advance Auto Parts, a rare investment opportunity for an investor to purchase a truly iconic brand with a proven track record of success in the submarket of La Grange, KY. This unique investment opportunity is ideally positioned in the main retail corridor of this community with excellent visibility and signage. The subject property has a corporate guaranteed NNN lease as well as a successful 18-year operating history. Advance Auto Parts is a fortified asset class and is recession and pandemic resistant. The subject property has a variety of phenomenal core real estate drivers that ensure future appreciation and stability of the location.
