Property History
• Long operating history | Advance Auto Parts has successfully been in business at this location since 1990
• Great visibility & access from Hwy 64 | Major highway & primary thoroughfare connecting Raleigh to the Outer Banks
• Corporate lease | Advance Stores Company, Inc. | 4,912 locations across the U.S.
• Strong commitment to site | Tenant has exercised 3 options & recently extended the lease for over 10 years
• Investment grade credit | Baa2/BBB-
• Attractive price point deal | Upside opportunity from additional 2.17 acres of land adjacent to the property
• Parking lot in good shape as it was just resealed & restriped last month
• Less than 1 mile from Washington Regional Medical Center
• Nearby Destination Retailers: Food Lion, Piggly Wiggly, Walgreens, McDonald’s, Bojangles, & others
• Fills void in the market | Only 1 other national auto parts store within 20+ miles
• 3 miles from Domtar Paper Mill | Domtar’s U.S. plant
• 3 minutes from Washington County High School
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Property Details
Contacts
Map
Comparable Properties
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