1348 Highway 394, Blountville, TN USA, Blountville, TN 37617 For Sale

OWNER FINANCING AVAILABLE-Ownership will consider attractive seller financing terms for qualified purchasers. Potential terms include 50% down payment, 5% interest rate, 25-year amortization, and 5-year balloon payment. Seller financing may provide a significant borrowing cost advantage compared to conventional lending alternatives and may enhance overall investment returns. Contact Broker for details and qualification requirements.

Advance Auto Parts represents a necessity-driven retail net lease investment, supported by consistent automotive demand and a long-standing operating history at the subject location.

The property is offered with annual net operating income of $105,000, reflecting a 6.75% capitalization rate, positioning the asset within a market-aligned range for similar Advance Auto Parts investments in tertiary markets.

This pricing reflects current investor demand trends and is designed to generate strong market engagement while delivering an attractive yield relative to tenant credit and lease structure.

This pricing reflects current investor demand trends and is designed to generate strong market engagement while delivering an attractive yield relative to tenant credit and lease structure.

The subject property consists of a 6,889 square foot freestanding retail building, constructed in 2004 specifically for Advance Auto Parts and continuously occupied by the tenant since inception.

Strategically located along Highway 394 within close proximity to Interstate 81 (Exit 69), the property benefits from strong visibility, excellent accessibility, and consistent commuter traffic within the Tri-Cities region.

Tenant entered in a new 5-Year lease option commencing January 1, 2025 through December 31, 2029 with rent increase.

Advance Auto Parts' core business is the retail and wholesale distribution of automotive aftermarket parts, accessories, batteries, and maintenance items for cars, light trucks, and heavy-duty vehicles. Operating primarily in the U.S. and Canada, the company uses a "blended-box" model, catering to both professional installers (Pro) and DIY customers through thousands of company-operated and Carquest-branded locations.

As of late 2025, the company operated over 4,000 stores.

The interchange of I-81 and Hwy 394 was completely redesigned in 2016 to accommodate the large volume of traffic that use this location as main feeder to the many and varying events at the nationally known Bristol Motor Speedway. Other business at this exit include Fireworks Supermarket, BP c-store, Arby's and neighborhood strip center containing Edward Jones, Domino's Pizza and Wellness Way Chiropractic. This store has proven successful as a long term solid tenant with no hesitation to continue operations at this location. Contact agent for further information and financials. See Investment Strategy document for full positioning, renewal outlook, and redevelopment potential by clicking the FLYER Tab.