Advance Auto Parts – Ocala, FL

Advance Auto Parts
187 Marion Oaks Blvd, Ocala, FL 34473, USA

Sands Investment Group is pleased to offer a new construction Advance Auto Parts NNN Asset located at 187 Marion Oaks Blvd in Ocala, FL. The 2025 build-to-suit is backed by a 15-year corporate-guaranteed lease, delivering secure, long-term income from one of the nation’s top automotive retailers.

Located near I-75 with direct access via County Road 484, the site offers strong visibility and connectivity, surrounded by a rapidly growing residential community. With minimal landlord responsibilities, credit-backed income, and a recession resistant tenant, this property is a compelling opportunity for investors seeking a high-quality, passive asset in a growth market.

  • Florida is a tax-free state.
  • Ocala MSA experienced ~4% population growth year-over-year (2023-2024), making it one of the fastest-growing metro areas in the U.S.
  • Within 50 miles of Ocala, there are ~1.5 million people, attractive for businesses needing a regional draw.
  • Advance Auto Parts is a known national brand, which attracts loyal & repeat customers.
  • Retail trade is one of the top employment sectors in Ocala, supporting consumer spending for automotive parts, maintenance, and similar services.
  • The site benefits from proximity to major transportation routes: I- 75 is nearby, with access via County Road 484, as well as being situated in an expanding residential neighborhood.

 

In Cooperation With SIG RE Services, LLC – Lic. #CQ1055229 BoR: Andrew Ackerman – Lic. FL #BK3369953

Advance Auto Parts
187 Marion Oaks Blvd, Ocala, FL 34473, USA

ADVANCE AUTO PARTS

Advance Auto Parts, Inc. is a leading automotive aftermarket parts provider that serves both professional installers and do-it-yourself customers. As of April 19, 2025, Advance operated 4,285 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. Advance employs approximately 69,000 Team Members. Advance Auto Parts locations offer a variety of services and high-quality parts to help you get the job done right and get your vehicle back on the road. In many locations, you can take advantage of enhanced e-commerce capabilities, enabling you to browse and buy your parts online and have them available for pickup in your nearby store within 30 minutes.

Price

$2,750,000

Cap Rate

6.00%

PREMISES

6,889 SF

RENEWAL OPTIONS

4 x 5 Years Options

Lease Expiration

06/30/2040

Lease Type

NNN

RENTAL INCREASES

10% at Year 10 and at Options

BROKERS

List with SIG

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