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Advance Auto Parts - Calera, AL 7951 Highway 31 7,000 SF Retail Building Calera, AL 35040 $1,475,109 ($210.73/SF) 8.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Situated Just 30 Minutes From Birmingham, Alabama's SecondLargest City, With a Population of Over 195,000 Residents
- The Lease is Backed By Advance Auto Parts, a Company With an Investment-Grade Credit Rating of BB+ From S&P and Ba1 From Moody's
- Founded in 1932, Advance Auto Parts Employs Over 62,000 People Nationwide
- Positioned Along US-31, a Major Thoroughfare Connecting Birmingham to Montgomery, Enhancing Visibility and Traffic to the Property
- Premier Leader in the Automotive Aftermarket Parts Industrremier Leader in the Automotive Aftermarket Parts Industry With Over 4,200 Stores
- Publicly Traded Entity on the New York Stock Exchange (NYSE: AAP)
EXECUTIVE SUMMARY
BoR: Andrew Ackerman - Lic. AL #1089690
PROPERTY FACTS
AMENITIES
- Pylon Sign
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Retailer
- 7,000 SF
- $18.44
- Double Net
- Jan 2028
Advance Auto Parts, Inc. is a publicly traded automotive aftermarket parts retailer (NYSE: AAP) founded on April 29, 1932 by Arthur Taubman. Headquartered in Raleigh, North Carolina, the company operates over 4,000 stores across the United States, Puerto Rico, and Canada, along with Carquest and Worldpac branches. Advance Auto Parts serves both do-it-yourself (DIY) customers and professional installers, offering a wide range of products including batteries, brakes, engine components, and maintenance supplies. The company also provides in-store services such as battery testing, installation, and recycling. With a workforce of approximately 62,800 employees, Advance Auto Parts emphasizes convenience through its e-commerce platform and same-day delivery options. The firm has grown through strategic acquisitions, including Carquest and Worldpac, and continues to expand its footprint while focusing on operational efficiency and customer service.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Retailer | 7,000 SF | $18.44 | Double Net | Jan 2028 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $161,220 |
PROPERTY TAXES
CONTACTS
-
Jake Mahon -
Jack Liberatore -
Clifton McCrory -
Adam Scherr -
Sands Investment Group
Presented by
Advance Auto Parts - Calera, AL | 7951 Highway 31
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