Advance Auto Parts - Tecumseh, MI
Advance Auto Parts | 78.00% CAP | 6,000 SF | Double Net (NN)
Marketing description
Sands Investment Group is pleased to exclusively offer for sale the 6,000 SF Advance Auto Parts located at 1447 West Chicago Boulevard in Tecumseh, MI. This offering features a lease backed by Advance Auto Parts, a company with an investment-grade credit rating of BB+ from S&P and Ba1 from Moody’s, and $9.1 billion in annual sales for 2024, providing investors with a stable, long-term, income-producing investment opportunity.
Investment highlights
The lease is backed by Advance Auto Parts, a company with an investment-grade credit rating of BB+ from S&P and Ba1 from Moody's, and $9.1 billion in annual sales for 2024.
Within a 3-mile radius, Tecumseh features a demographic profile hosting 12,919 residents with an average household income of $99,541.
Premier leader in the automotive aftermarket parts industry with over 4,200 stores in operation.
Founded in 1932, Advance Auto Parts employs over 62,000 people nationwide.
Publicly traded entity on the New York Stock Exchange (NYSE: AAP).
The on-demand need for parts by local shops and DIY mechanics, combined with the high shipping costs for batteries and other parts, makes the retail automotive parts sector an e-commerce-proof and recession-proof essential business.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
