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1206 The Blvd
Rayne, LA 70578
Advance Auto Parts - Rayne, LA · Retail Property For Sale


Investment Highlights
- The lease is backed by Advance Auto Parts, a company with an investment-grade credit rating of BB+ from S&P and Ba1 from Moody's.
- Premier leader in the automotive aftermarket parts industry with over 4,200 stores in operation.
- Publicly traded entity on the New York Stock Exchange (NYSE: AAP).
- Within a 3-mile radius, Rayne features a demographic profile hosting 9,490 residents with an average household income of $63,422.
- Founded in 1932, Advance Auto Parts employs over 62,000 people nationwide.
- The on-demand need for parts by local shops and DIY mechanics, combined with the high shipping costs for batteries and other parts.
Executive Summary
Sands Investment Group is pleased to exclusively offer for sale the 7,000 SF Advance Auto Parts located at 1206 The Boulevard in Rayne, LA. This deal includes a lease which is backed by Advance Auto Parts, a company with an investment-grade credit rating of BB+ from S&P and Ba1 from Moody's, and $9.1 billion in annual sales for 2024, offering investors a stable and reliable income stream.
In Cooperation With Sands Investment Group Louisiana, LLC - Lic. #BROK.0995702111-CORP BoR: Andrew Ackerman - Lic. LA #BROK.0995700567-AC
In Cooperation With Sands Investment Group Louisiana, LLC - Lic. #BROK.0995702111-CORP BoR: Andrew Ackerman - Lic. LA #BROK.0995700567-AC
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
7,000 SF
Building Class
B
Year Built
2000
Price
$1,028,578 CAD
Price Per SF
$146.94 CAD
Cap Rate
8.50%
NOI
$87,429 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.78 AC
Frontage
169’ on The Blvd
Amenities
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 0170183200 | Improvements Assessment | $100,699 CAD |
| Land Assessment | $38,154 CAD | Total Assessment | $138,853 CAD |
Property Taxes
Parcel Number
0170183200
Land Assessment
$38,154 CAD
Improvements Assessment
$100,699 CAD
Total Assessment
$138,853 CAD
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