ADVANCE AUTO PARTS

Recent Renewal – Tenant exercised 5-year renewal option early through December 31st of 2031 showing their long-term dedication to the site.
Low Rent PSF – Tenant paying paying less than $7 per square foot.
Strong Performing Store – Placer Ai ranks this Advance in the 95th percentile nationally and ranks #6 in the state of South Carolina.
Defensive Product – Auto Parts sales tend to do just as well, if not better, in economic downturns and was deemed an essential retailer during the pandemic.
Long Term Operating History – Advance has operated successfully at this location since 1990 and recently exercised their renewal option for another 5 years.
Traffic Counts – Chesterfield Highway sees over ±13,200 VPD.
Advance Auto Parts has been in business for 88 years and has a current net worth of $3.7 Billion.
Transferable Roof Warranty – Building has a TPO roof coating system warranty through 2029.
Surrounding Retailers – Chesterfield Highway is home to many national retailers including KFC, McDonald’s, Verizon, Subway, Wendy’s, Bojangles, Walmart, Taco Bell, Tidal Wave Auto Wash.

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