45 Main St 6,865 SF Retail Building Savannah, TN 38372 $905,876 ($131.96/SF) 6.50% Cap Rate

AiCRE Partners, as exclusive investment sales advisor to the seller, is pleased to present the opportunity to acquire the fee simple interest in Advance Auto Parts, a nationally recognized automotive parts retailer located at 45 Main Street in Savannah, Tennessee.
This 7,000-square-foot freestanding retail property was built in 2002 and sits on a 1.26-acre parcel in the heart of Savannah’s primary commercial corridor. The property is leased to Advance Auto Parts, Inc., a publicly traded company (NYSE: AAP) and one of the largest automotive aftermarket parts providers in North America. With over 4,600 locations and nearly a century of industry presence, Advance Auto Parts is a creditworthy tenant with strong brand recognition and operational performance. Advance Auto Parts has operated at this location since 2000, demonstrating a long-term commitment to the site. The lease offers 10 years of remaining term through December 31, 2035, with a 6% rent increase in 2031 and two (2) additional 5-year renewal options featuring rental escalations of 28.45% and 4.63%, respectively. The NN lease structure requires the landlord to maintain only the roof, structure, parking lot, and any HVAC repairs over $500.
Strategically positioned on Main Street, the property benefits from strong visibility and steady traffic in a regionally significant trade area. Savannah serves as the county seat of Hardin County and draws consistent consumer activity from nearby regional attractions such as Pickwick Lake and Shiloh National Military Park. Demographics within a 5-mile radius
include a population of over 12,500 residents and an average household income of approximately $61,000.
Priced at $905,846 with a 6.50% CAP rate, this offering represents an attractive opportunity to acquire a stable, income-generating asset backed by a nationally recognized tenant, with long-term cash flow and limited landlord obligations in a growing Tennessee market.