Advance Auto Parts

931 Main Street | New Tazewell, TN 37825

Contact Brokers

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Harmony Mulcahey

Investment Advisor
Harmony.Mulcahey@MarcusMillichap.com
(O) 813-387-4783
FL #SL3519832

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James Garner, CCIM
First Vice President Investments​James.Garner@MarcusMillichap.com
(O) 813.387.4796
FL #SL3273659

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Jim Shiebler, CCIM, CEC

First Vice President Investments

Jim.Shiebler@MarcusMillichap.com

(O) 239.340.7811
FL #SL3347780

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James Medefind
Senior Vice President Investments
James.Medefind@MarcusMillichap.com
(O) 813-387-4788
FL #SL3216834

Highlights

  • NN / Minimal Landlord Responsibilities - Corporate Guaranteed Lease

  • Successful 25-Year Operating History

  • Highly Desirable Product Type - Recession & Pandemic Resistant

  • Ideal Demographics for Concept - Average HH Income of $49,063 and Median Age of 43.5

  • Excellent Sightline, Visibility, Exposure & Signage - Located on a Hard Signalized Corner& Easy Left Ingress and Egress

  • Located in the Main Retail Corridor of Community - Surrounded by Dollar Tree, Walgreens, Walmart, Dollar General & many more

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 New Tazewell, TN. This unique investment opportunity is ideally positioned in the epicenter of the area’s main retail hub seeing over 21,000 cars per day. The subject property has a corporate guaranteed lease as well as a successful 25-year operating history. With a recently exercised option they are demonstrating a long-term commitment to the location. The subject property has a variety of phenomenal core real estate drivers that ensure future appreciation and stability of the location.