Advance Auto Parts
300 S. 1st Avenue | La Grange, KY 40031
Contact Brokers
Harmony Mulcahey
Investment Advisor
Harmony.Mulcahey@MarcusMillichap.com
(O) 813-387-4783
FL #SL3519832
James Garner, CCIM
First Vice President InvestmentsJames.Garner@MarcusMillichap.com
(O) 813.387.4796
FL #SL3273659
Jim Shiebler, CCIM, CEC
First Vice President Investments
Jim.Shiebler@MarcusMillichap.com
(O) 239.340.7811
FL #SL3347780
James Medefind
Senior Vice President Investments
James.Medefind@MarcusMillichap.com
(O) 813-387-4788
FL #SL3216834
Highlights
-
NNN (Landlord Responsible for Structure only) - Corporate Guaranteed Lease
-
Successful 18-Year Operating History
-
Fortified Asset Class - Recession & Pandemic Resistant
-
Ideal Demographics for Concept - HH Income at $102,385 within 5 miles & Median age at 35.4 within 1 mile
-
Excellent Sightline, Visibility, Exposure & Signage - Located in the Main Retail Corridor of this community
-
Located 20 miles Northeast of Louisville, KY
Description
Marcus & Millichap is pleased to present Advance Auto Parts, a rare investment opportunity for an investor to purchase a truly iconic brand with a proven track record of success in the submarket of La Grange, KY. This unique investment opportunity is ideally positioned in the main retail corridor of this community with excellent visibility and signage. The subject property has a corporate guaranteed NNN lease as well as a successful 18-year operating history. Advance Auto Parts is a fortified asset class and is recession and pandemic resistant. The subject property has a variety of phenomenal core real estate drivers that ensure future appreciation and stability of the location.