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Advance Auto Parts - Lexington, KY 1600 E New Circle Rd

6,895 SF Retail Building Lexington, KY 40509 £1,317,531 (£191/SF) 7.50% Net Initial Yield

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Investment Highlights

The Property Boasts a Corporate Guaranteed Lease With Over Four Years Remaining
Less Than Five-Miles From the University of Kentucky, Which Enrolls Over 30,000 Students
Premier Leader in the Automotive Aftermarket Parts Industry With Over 4,700 Stores in Operation

Situated on E New Circle Rd, a Major Thoroughfare With Over 23,000 Vehicles Passing Daily, Providing Excellent Visibility
The Lease is Backed By Advance Auto Parts, a Company With an Investment Grade Credit Rating of BBB- From S&P
Founded in 1932, Advance Auto Parts Employs Over 65,000 People Nationwide

Executive Summary

Sands Investment Group is Pleased to Exclusively Offer For Sale the 6,895 SF Advance Auto Parts Located at 1600 E New Circle Rd in Lexington, Kentucky. This Deal Includes a Corporate Guaranteed Triple Net Lease With Over Four Years Remaining and the Lease is Backed By Advance Auto Parts, a Company With an Investment Grade Credit Rating of BBB- From S&P and Baa2 From Moody's, and $11.3 Billion in Annual Sales For 2023, Providing For a Secured Investment.

In Cooperation With ParaSell, Inc. , A Licensed Kentucky Broker - Lic. #260997 BoR: Scott Reid - Lic. KY #260934