• Commitment to Location: Advance Auto Parts recently reaffirmed its commitment to this location by executing a 7-year lease extension, providing investors with long-term income stability.
• Established Operating History: The tenant has operated continuously at this site since 2002, demonstrating 24 years of proven performance and operational continuity in the market.
• Tax-Free Advantage: Located in Texas, the asset benefits from the state’s lack of personal income tax, enhancing after-tax investment returns.
• High-Performing Store: This location ranks in the 75th percentile of all Advance Auto Parts stores nationwide (per Alpha Maps), underscoring its strong in-store performance metrics.
• Signalized Hard Corner with Retail Synergy: The property is surrounded by complementary credit retailers (Brookshire Brothers, Chick-Fil-A, McDonald’s, Whataburger, Jack in the Box, etc…) and benefits from a signalized hard corner, providing strong visibility and convenient access.
• Dense and Growing Population: With approximately 50,000 residents within a 5-mile radius, the area provides a robust customer base and strong demand for retail services.
• Investment-Grade Public Company: Advance Auto Parts is a publicly traded company listed on the New York Stock Exchange (NYSE: AAP), offering transparency and financial stability to investors.
• Strong Credit Profile: The tenant carries a BB+ credit rating from S&P Global and a Baa3 rating from Moody’s, reflecting a stable and reliable financial standing.
• National Market Leader: With over 91 years of operating history and a portfolio exceeding 4,700 locations, Advance Auto Parts is a leading national automotive parts retailer with a long track record of operational excellence.

Dylan Schroeder, Connor Knauer & Michael Wolsiefer in conjunction with Matthews Real Estate Investment Services, Inc., a cooperating foreign broker for this listing pursuant to Section 535.4(b) of the Texas Administrative Code.