8015 Steubenville Pike
Oakdale, PA 15071
Advance Auto Parts | 12 Years | Strong Sales · Retail Property For Sale

SRS National Net Lease Group is pleased to present the rare opportunity to acquire the fee simple interest (land & building) in a freestanding, net leased, corporately guaranteed, Advance Auto Parts located in Oakdale, PA. The tenant, Advance Auto Parts, recently extended their lease for an additional 10 years, reflecting their strong commitment to the site. The lease has approximately 12 years remaining in the current term, with 3 (5-year) options to extend. The lease is corporately guaranteed and is NN with minimal landlord responsibilities that are restricted to parking lot and structure. In addition, this is a rare 10,000 SF store with a new lease amendment that allows the tenant to utilize an additional 3,000 SF of the building for retail use (previously restricted to office space use by Advance Auto Parts). The subject site is located less than 15 miles outside of downtown Pittsburgh near the near the signalized, hard corner intersection of Steubenville Pike and Shipland Road (combined 16,200 VPD). The subject site is located less than 5 miles from Pittsburgh' s primary retail and commercial corridor, which is highlighted by the 820,000 SF Robinson Town Centre Mall (Anchors: Macy' s, JC Penney, Sears, and Dick' s Sporting Goods) further increasing traffic to the surrounding area. Advance Auto Part is in an area with limited competition from other national auto part retailers, as the closest AutoZone is over 7 miles away and O' Reilly Auto Parts is over 15 miles away. The 5-mile trade area is supported by a dense population of approximately 54,000 with an affluent average household income of $93,000.