Advanced Auto Parts - Kingsport, TN

Income Tax Free State

Recent Lease Extension - Advance Auto Parts have consistently extended their lease demonstrating their commitment to this site.

4.5+ Years Remaining - On the primary term including four, 5-year options.

Corporate Guarantee - Lease is corporate guaranteed by Advance Stores Company, Inc. (S&P Rated BB).

Low Rent-to-Sales Ratio - 5.21% Rent-to-Sales ratio at this location providing further confidence in Advance Auto Parts’ commitment to the site.

NN Lease - Minimal Landlord responsibilities.

Excellent visibility along Lee Hwy - 34,000+ VPD along Lee Hwy.

Low Rent Per Square Foot - Advance Auto Parts is paying $9.26 Per SF at this location.

Below Replacement Cost - Could not purchase land and build this building for less money.

Affluent Surrounding Incomes - Average Household Income is $95,903 within 1 mile of the property.