​New construction – 16,000 square feet building. ​10% fixed rental increases – (typical 7.5%). ​Location serves as a retail store that also distributes and stocks inventory for additional Advance Auto Parts locations. ​Larger inventory with wider variety, featuring 15,000 additional stock-keeping units not offered in other stores which is almost double a standard AAP store. ​Hub location allows nearby by locations same day or next-day delivery for additional items. ​Hub stores act as mini warehouses and allow AAP to increase efficiency and maintain adequate capacity of their supply chain while reducing inventory costs and improving availability and movement of goods throughout the supply chain.

Long-term, 100% absolute NNN lease investment (S&P: “BBB”). ​15-year term with 5% increases every five (5) years starting in the option periods. ​Prominently located in a strong retail corridor with visibility to traffic counts over 20,000 VPD on E. Main Street. ​#5 Most-visited CVS Store in Alabama, located directly across from #1 ranked Winn-Dixie.

Zero Landlord Obligations – The tenant is on an absolute NNN lease allowing for a truly passive investment. Options to Extend Lease – Jiffy Lube has Five, 5-year options to extend the lease. Strong Increases – 10% increases every 5 years, allowing for a strong hedge against inflation.

Zero Landlord Responsibilities. Newer building constructed as a relocation of Tenant’s previous site next door. ​Corner lot on the signalized intersection of Cottage Hill Road & Bel Air Boulevard. ​Scheduled CPI rental increases in each option. ​Four, 5-year options remaining.

Rent to Sales Ratio Sub 5%. ​Strong Store Sales – Over $2,000,000. ​Absolute NNN Lease with Zero LL Responsibilities. ​Rare 17 Year Option – Gives LL Security and Renewed Value. Pandemic proof concept with experienced operator.