Advance Auto Parts – Rock Hill, SC

Advance Auto Parts
2166 Cherry Road - Rock Hill, SC 29732-2160

Sands Investment Group is Pleased to Exclusively Offer For Sale the 8,049 SF Advance Auto Parts NN Asset Located at 2166 Cherry Road in Rock Hill, SC. This Deal Includes a Company With an Investment-Grade Credit Rating of BB+ From S&P and Ba1 From Moody’s, and $9.1 Billion in Annual Sales For 2024, Providing For a Secure Investment.

  • The Lease is Backed By Advance Auto Parts, a Company With an Investment-Grade Credit Rating of BB+ From S&P and Ba1 From Moody’s, and $9.1 Billion in Annual Sales For 2024
  • Within a 3-Mile Radius, Rock Hill Features a Demographic Profile Hosting 50,832 Residents With an Average Household Income of $88,466
  • Premier Leader in the Automotive Aftermarket Parts Industry With Over 4,700 Stores in Operation
  • Founded in 1932, Advance Auto Parts Employs Over 62,000 People Nationwide
  • Publicly Traded Entity on the New York Stock Exchange (NYSE: AAP)
  • The on-Demand Need For Parts By Local Shops and DIY Mechanics, Combined With the High Shipping Costs For Batteries and Other Parts, Makes the Retail Automotive Parts Sector an E-Commerce-Proof and Recession-Proof Essential Business

In Cooperation With Sands Investment Group Charleston, LLC – Lic. #20891 BoR: Chris Sands – Lic. SC #93103

Advance Auto Parts
2166 Cherry Road - Rock Hill, SC 29732-2160

Advance Auto Parts, INC.

Advance Auto Parts, Inc. is a leading automotive aftermarket parts provider that serves both professional installers and do-it-yourself customers. As of December 28, 2024, Advance operated 4,788 stores primarily within the United States, with additional locations in Canada, Puerto Rico, and the U.S. Virgin Islands. The company also served 934 independently owned Carquest-branded stores across these locations in addition to Mexico and various Caribbean islands. Additional information about Advance, including employment opportunities, customer services, and online shopping for parts, accessories, and other offerings, can be found on their website.

Price

$1,653,744

Cap Rate

6.75%

PREMISES

8,049 SF

RENEWAL OPTIONS

2 x 5 Year Options

Lease Expiration

12/31/2030

Lease Type

NN

RENTAL INCREASES

7% at Options

BROKERS

List with SIG

Tap into the expertise of brokers who specialize in your property type.

Get In Touch