Advance Auto
Fort Payne, AL
TENANT
Advance Auto Parts (S&P BB+)
Second largest auto parts retailer in U.S.
Over 2,600 stores nationwide
NYSE:  
AAP (Click for Yahoo Finance info)

LOCATION
905 Gault Ave.
Fort Payne, AL

LEASE SUMMARY
Lease Expiry:     
Lease Rate:        $61,250
Expenses:           Double Net
Cap Rate:           7.00%          

PROPERTY DESCRIPTION
7,000 SF Freestanding retail bulding
Concrete block construction with glass storefront
Free standing building in heart of the business district

Financing:  May be assumable at option of lender.  $515,000, 6.25% fixed for five (5) years.  If loan is
not assumed, property will be delivered free and clear of debt.

Price: $875,000
Cap Rate:  7.00%

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These summaries are presented for informational purposes and do not constitute an offer to sell. No warranty or
representation, express or implied, is made as to the accuracy of the information contained herein.The information
contained on this page is subject to errors and ommissions and may be subject to change, special conditions, or
withdrawal without notice.
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