Sell your Advance Auto Parts property.
A direct, all-cash buyer for your single-tenant Advance Auto Parts.
Advance Auto Parts sits in one of net lease’s most durable categories — parts retail does well when people hold onto their cars longer — but the company itself has been in a turnaround, pruning stores and working on its margins. That makes the specific store and lease matter more than the logo, which is exactly the kind of read we do well.
We buy Advance directly, on our own cash, and we price the actual store in front of us — the sales, the term, the real estate — rather than screening by a headline credit rating.
What a Advance Auto Parts property is priced on
Credit in transition
Advance’s corporate credit has softened during its turnaround, so how a buyer reads the tenant — and the individual store — matters more than it does with its investment-grade peers.
Recession-resistant demand
Parts sales rise when people keep cars longer, so the category holds up through soft markets even when a given retailer is restructuring.
Years left on the lease
More firm term prices tighter. A shorter-term or uncertain store is still very sellable to a buyer who understands the situation — which is us.
The real estate itself
A well-located box has value beyond the current lease. If the store ever changes, the dirt is the backstop, and we price that in.
A direct, all-cash buyer since 2016 — you deal with the principals, and we close on our own capital.
Selling your Advance Auto Parts
Advance has been closing stores — can I still sell mine?
Yes. Uncertainty around the retailer scares off a lot of buyers, which is exactly where we are comfortable. We price your specific store and its real estate, not the headline, so you do not have to wait and hope.
What is my Advance Auto Parts worth?
It is priced on the income divided by a cap rate, driven by the credit, the term, and the real estate. Send us the lease and we will give you a real, current number in a few days.
Do you buy other auto-parts properties?
Yes — AutoZone, O’Reilly, and single-tenant auto-parts retail broadly. If it is a parts store, send it over.
Tell us about it.
Send us the basics on your lease — tenant, location, current rent, and years remaining — and we'll get you an offer, usually within a few days.
New to this? Start with how to sell a net-lease property or what your property is worth.