Constructed in 2007 as a built-to-suit for Advance Auto Parts.
Tenant recently executed an early lease extension through November 2032 —reflecting long-term operational commitment.
Chittenango is positioned within the Syracuse MSA, and features close proximity to I-90, which sees ±36,300 vehicles daily.
Strong retail synergy with surrounding national tenants including Burger King, Best Buy, Home Depot, Dick’s Sporting Goods, Marshalls, Dollar General and more.
Strong average household income of $121,032 in a 5-mile radius.
Advance Auto Parts adjusted the rent commencing in the extended term, boosting store profitability and ensuring long-term success at this location.
Advance Auto Parts (NYSE: AAP) is one of the nation’s largest automotive aftermarket parts providers, serving both professional installers and do-it-yourself customers.
Lease is corporate guaranteed by Advance Stores Company, Inc. (S&P Rated BB)
Considered an essential retailer, Advance Auto Parts has maintained consistent operations and rent payments, including throughout the COVID-19 pandemic.