Just Listed! Advance Auto Parts #8498 – Houston, TX

Brand New Development Advance Auto Parts

KW Net Lease Advisors is pleased to present a free-standing Advance Auto Parts Property in Houston, Texas. There are +/-7 years remaining on a NNN lease (Landlord responsible for structure only), and 3 five year options remaining with 10% increases.

Advance Auto is the largest aftermarket auto parts retailer in the US with over $9.7 billion in revenue for fiscal 2015. They carry an S&P credit rating of “BBB-” and have a strong presence in Houston, Texas.

The site is a corner lot at the intersection of FM 529 (Spencer Road) and Summit Glen Lane. The property is a 6,124 square foot concrete block building on 1.03 acres. Houston is the largest city in Texas in terms of population, this particular sub-market has experienced high growth in the recent past due to a booming economy in suburbs such as Katy and Spring.

  • 7 Years Remaining on NNN Lease
  • Landlord Responsible for Structure Only
  • Guarantor: Advance Auto Parts, Inc. (S&P: BBB-)
  • High Traffic Corridor in Booming Northwest Houston

See all of KW Net Lease Advisors available properties including this Advance Auto Parts located in Houston, TX.