Advance Auto Parts

Advance Auto Parts

Corpus Christi, TX

Corpus Christi, TX

Advance Auto Parts

Offered for sale is the opportunity to acquire a triple-net lease Advance Auto Parts in Corpus Christi, Texas. The property consists of a 9,600-square-foot, freestanding building that sits on approximately 1.14 acres of land. There are approximately 9.7 years remaining on the current lease term, with a 10 percent rental escalation scheduled in the next option.

Building Size 9,600 sqft
Lot Size 1.14 acres
Year Built 2016

Ryan Wolf

Managing Director
(972) 755-5207
RWolf@marcusmillichap.com
License: TX 622900

Vincent Knipp

Senior Managing Director Investments
(972) 755-5205
vincent.knipp@marcusmillichap.com
License: TX 0579633
FINANCING TEAM

Duke Dennis

Director
(817) 932-6172

 

  • Large Hub Store Prototype
  • Triple-Net Lease with Approximately 9.7 Years Remaining
  • Excellent Access and Visibility on Leopard Street, Where Traffic Counts Exceed 9,971 Vehicles per Day
  • More than 106,776 Residents Within a Five-Mile Radius
  • Three Miles from the Port of Corpus Christi, the Third-Largest Port in the U.S.
  • One Mile from CITGO Petroleum Corporation - $345 Million Economic Impact
  • Corporate Guarantee from Advance Stores Company, Inc. (NYSE: AAP)

Ryan Wolf

Managing Director
(972) 755-5207
RWolf@marcusmillichap.com
License: TX 622900

Vincent Knipp

Senior Managing Director Investments
(972) 755-5205
vincent.knipp@marcusmillichap.com
License: TX 0579633
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