Advance Auto Parts

Net Lease

1614 Lawrenceville Hwy, Lawrenceville, Georgia

Ownership Type:

Owner/User

Price:

$1,976,906

Cap Rate:

6.95%

Current Rent:

$137,395

Tenancy:

Single Tenant

Lease Type:

DoubleNet

Lease Term:

20 years

Landlord Responsibilities:

Roof/Structure/Parking

Renewal Options:

One, 5-Year

Building Sq. Ft.:

7,064 SF

Rent Increases:

5% every 5 years in options

Site Size:

1.62 Acres

Investment Highlights

Strong Corporate Guaranty: Advance Auto Parts is one of the largest automotive aftermarket parts providers in North America with over 4,700 stores nationwide.
Atlanta MSA: Located in Lawrenceville, GA, part of the rapidly expanding Atlanta MSA—one of the fastest-growing regions in the U.S.
Excellent Visibility and Frontage: Located along Lawrenceville Hwy, a high-traffic corridor with over 30,000 VPD, in a rapidly growing commercial hub.
Strong Surrounding Retail: Nearby retailors include Walmart, Walgreens, Bank of America, Subway, and Waffle House.
Minimal Landlord Responsibilities: NN Lease structure with minimal landlord responsibilities.

Access Offering Memorandum

Ownership Type:

Owner/User

Price:

$1,976,906

Cap Rate:

6.95%

Current Rent:

$137,395

Lease Type:

DoubleNet

Lease Term:

20 years

Landlord Responsibilities:

Roof/Structure/Parking

Renewal Options:

One, 5-Year

Building Sq. Ft.:

7,064 SF

Rent Increases:

5% every 5 years in options

Site Size:

1.62 Acres

Listing Agents

Adam English

Managing Director
256.694.9803[email protected]

Adam Baxter

Vice President
205 394 3520[email protected]

Jordan Shtulman

Managing Principal
847.226.4133[email protected]

Analyst

Ben Hollis

Analyst
256.595.2574[email protected]

Download Offering Memorandum

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