INVESTMENT HIGHLIGHTS

• STRONG GUARANTEE – This lease is guaranteed by Advance Auto Parts which operates over 4,786 locations worldwide. Advance Auto Parts is annually ranked as a Fortune 500 company. This strong guarantee provides the landlord with a heightened sense of security.
• COMMITMENT TO THE SITE – Advance Auto Parts has successfully operated at this location since 2005. In 2024, the tenant exercised a lease extension for a period of 5 years running through 2030 with three, five-year options and 5% increases. This further demonstrates the tenant’s commitment to the site and offers the owner renewed confidence in the business operation.
• STRATEGIC LOCATION – Strategically positioned in the heart of Orange along Route 15, the asset sees over 13,000 vehicles per day allowing for easy access to the site from surrounding communities. Route 15 specifically travels through Orange, Gordonsville, Zion Crossroads, and Culpepper. Credit tenants driving traffic in the area include McDonald’s, 7-Eleven, Tractor Supply, Dollar General, Sheetz, Dollar Tree, Family Dollar, Ace Hardware.
• RECESSION RESISTANT TENANT – The automobile repair industry proved to be one of the most resilient and productive asset classes in commercial real estate throughout the pandemic. The auto repair sector is not heavily affected by immediate changes in the economy and is benefiting from the expanding average age of vehicles.
• ORANGE COUNTY, VIRGINIA – The property benefits from easy access to Charlottesville, Richmond, Culpepper, and Washington DC. The area is known for many historical tourist attractions, including James Madison’s Montpelier located 3 miles away attracting over 125,000 visitors a year. This enhances its appeal for commuters and businesses alike.