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Auto Parts

Advance Auto Parts | 10+ Years Remain | Houston, TX MSA | Recent Blend Extend

27927 Tomball Pkwy, Tomball, TX 77375

Listing Price: $2,000,000

Cap Rate
5.00%
Tenant Name
Advance Auto Parts
Years Remaining On Lease
10.7
Guarantor
Corporate Guarantee
Rentable SF
6,135
Lease Type
Double Net
Rent Per Square Feet
$16.30

Investment Overview

The Tenant, Advance Stores Company, Inc., has more than 10 years remaining on a corporate NN lease after exercising a blend extend in June 2021. The extension provided eight additional years of base term, while the Tenant retained its three, five-year option terms. The Tenant has operated here since 2008, and this recent extension demonstrates their commitment to the location long-term.

Investment Highlights

  • Recent Blend Extend
  • 5% Rental Increase in 2026
  • Proximity to Daytime Traffic Generators

Exclusively Listed By

  • Dean Zang

    Executive Managing Director Investments

    (202) 536-3754

    Email Dean

    License(s): MD: 665335, VA: 0225239201

    Washington, D.C.

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Financing By

  • Jared Cassidy

    First Vice President Capital Markets

    Direct:

    Email Jared

    Washington, D.C., MD

Auto Parts

Advance Auto Parts | 10+ Years Remain | Houston, TX MSA | Recent Blend Extend

Listing Price: $2,000,000

Cap Rate
5.00%
Tenant Name
Advance Auto Parts
Years Remaining On Lease
10.7
Guarantor
Corporate Guarantee
Rentable SF
6,135
Lease Type
Double Net
Rent Per Square Feet
$16.30

Investment Highlights

  • Recent Blend Extend
  • 5% Rental Increase in 2026
  • Proximity to Daytime Traffic Generators

Investment Overview

The Tenant, Advance Stores Company, Inc., has more than 10 years remaining on a corporate NN lease after exercising a blend extend in June 2021. The extension provided eight additional years of base term, while the Tenant retained its three, five-year option terms. The Tenant has operated here since 2008, and this recent extension demonstrates their commitment to the location long-term.

Exclusively Listed By

  • Dean Zang

    Executive Managing Director Investments

    (202) 536-3754

    Email Dean

    License(s): MD: 665335, VA: 0225239201

    Washington, D.C.

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

Financing By

  • Jared Cassidy

    First Vice President Capital Markets

    Direct:

    Email Jared

    Washington, D.C., MD

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