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Auto Parts

Advance Auto Parts & C-Store

1052 Pelham Rd S, Jacksonville, AL 36265

Listing Price: $1,650,000

Cap Rate
8.42%
Tenant Name
Advance Auto Parts & C-Store
Years Remaining On Lease
2.7
Guarantor
Corporate Guarantee
Rentable SF
6,685
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$20.78

Investment Overview

This Advance Auto Parts is strategically located between Jacksonville State University and Anniston, AL. The property is occupied by a premier automotive aftermarket parts provider (NYSE: AAP) and features a lease corporate guaranteed by Advance Stores Company, Inc. (S&P Rated: BB), an essential retailer that maintained consistent operations throughout the pandemic.

The property benefits from exceptional visibility with traffic counts exceeding 25,000 vehicles per day and is situated within a high-growth trade area that generates nearly $190 million in annual retail sales. It is positioned in close proximity to major national retailers including a Walmart Supercenter (0.3 miles), Lowe's, Walgreens, and Chick-fil-A. The surrounding area features a dense population of over 24,000 residents within a 5-mile radius and is supported by major industrial employers such as Parker Hannifin and Federal Mogul, both located less than 3 miles from the site.

Investment Highlights

  • Exceptional Visibility | The site benefits from traffic counts exceeding 25,000–26,000 vehicles per day.
  • Strong Retail Synergy | Positioned in the heart of a retail area including Walmart, Lowe's, Walgreens, Chick-fil-A, and many more.
  • Prime location near Jacksonville State University
  • Close Proximity to Walmart Supercenter | 0.3 Miles
  • Close Proximity to Anniston Regional Airport | 17 Miles
  • Close Proximity to Major Industrial Employers (Parker Hannifin & Federal Mogul) | <3 Miles

Broker of Record

  • Eddie Greenhalgh

    Senior Managing Director Investments

    (205) 510-9200

    License(s) AL: 0000882980

    Alabama

Financing By

Auto Parts

Advance Auto Parts & C-Store

Listing Price: $1,650,000

Cap Rate
8.42%
Tenant Name
Advance Auto Parts & C-Store
Years Remaining On Lease
2.7
Guarantor
Corporate Guarantee
Rentable SF
6,685
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$20.78

Investment Highlights

  • Exceptional Visibility | The site benefits from traffic counts exceeding 25,000–26,000 vehicles per day.
  • Strong Retail Synergy | Positioned in the heart of a retail area including Walmart, Lowe's, Walgreens, Chick-fil-A, and many more.
  • Prime location near Jacksonville State University
  • Close Proximity to Walmart Supercenter | 0.3 Miles
  • Close Proximity to Anniston Regional Airport | 17 Miles
  • Close Proximity to Major Industrial Employers (Parker Hannifin & Federal Mogul) | <3 Miles

Investment Overview

This Advance Auto Parts is strategically located between Jacksonville State University and Anniston, AL. The property is occupied by a premier automotive aftermarket parts provider (NYSE: AAP) and features a lease corporate guaranteed by Advance Stores Company, Inc. (S&P Rated: BB), an essential retailer that maintained consistent operations throughout the pandemic. The property benefits from exceptional visibility with traffic counts exceeding 25,000 vehicles per day and is situated within a high-growth trade area that generates nearly $190 million in annual retail sales. It is positioned in close proximity to major national retailers including a Walmart Supercenter (0.3 miles), Lowe's, Walgreens, and Chick-fil-A. The surrounding area features a dense population of over 24,000 residents within a 5-mile radius and is supported by major industrial employers such as Parker Hannifin and Federal Mogul, both located less than 3 miles from the site.

Broker of Record

  • Eddie Greenhalgh

    Senior Managing Director Investments

    (205) 510-9200

    License(s): AL: 0000882980

    Alabama

Financing By

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