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Advance Auto Parts & Fast Pace Health | 15-Yr. Corporate Leases

1929 Almaville Rd, Smyrna (Nashville MSA), TN 37167

Listing Price: $5,172,000

Cap Rate
6.50%
Gross SF
10,112
Rentable SF
10,112
Price/Gross SF
$511.47
Lot Size
0.92 acres
Year Built
2024

Investment Overview

Marcus & Millichap is pleased to present the Advance Auto Parts and Fast Pace Health in Smyrna, TN.

Investment Highlights

  • 100% Leased to Advance Auto Parts and Fast Pace Health
  • 15-Year Corporate Leases with Increases Throughout the Base Term and Options
  • Advance Auto (NYSE: AAP) Operates 6,500+ Stores with $11.2 Billion in Revenue
  • Fast Pace is One of the Nation's Fastest Growing Urgent Care Providers with 265+ Locations
  • Brand New High-Quality Construction, Minimal Landlord Responsibilities
  • Serving Over 81,000 Residents in Rapidly Growing Suburb to Nashville
  • Rutherford County is One of the Fastest Growing Counties in the U.S.
  • Average Household Incomes Exceed $97,000 within 1-Mile and $87,000 within 3 Miles

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2800

    License(s) TN: 307629

    Tennessee

Financing By

Shopping Strip

Advance Auto Parts & Fast Pace Health | 15-Yr. Corporate Leases

Listing Price: $5,172,000

Cap Rate
6.50%
Gross SF
10,112
Rentable SF
10,112
Price/Gross SF
$511.47
Lot Size
0.92 acres
Year Built
2024

Investment Highlights

  • 100% Leased to Advance Auto Parts and Fast Pace Health
  • 15-Year Corporate Leases with Increases Throughout the Base Term and Options
  • Advance Auto (NYSE: AAP) Operates 6,500+ Stores with $11.2 Billion in Revenue
  • Fast Pace is One of the Nation's Fastest Growing Urgent Care Providers with 265+ Locations
  • Brand New High-Quality Construction, Minimal Landlord Responsibilities
  • Serving Over 81,000 Residents in Rapidly Growing Suburb to Nashville
  • Rutherford County is One of the Fastest Growing Counties in the U.S.
  • Average Household Incomes Exceed $97,000 within 1-Mile and $87,000 within 3 Miles

Investment Overview

Marcus & Millichap is pleased to present the Advance Auto Parts and Fast Pace Health in Smyrna, TN.

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2800

    License(s): TN: 307629

    Tennessee

Financing By

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