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Advance Auto Parts | Corporate NN 1740 M 139 8,020 SF Retail Building Benton Harbor, MI 49022 $1,896,077 CAD ($236.42 CAD/SF) 8% Cap Rate

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Investment Highlights

6+ Years Remaining | Scheduled Rental Increases | Options to Extend | Established Brand
Across from Fairplain Plaza (263,000+ SF) | Dense Retail Corridor | Strong National/Credit Tenant Presence
Strong Demographics in 5-Mile Trade Area

NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
Signalized, Hard Corner Intersection | Interstate 94 | Excellent Visibility & Access

Executive Summary

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NN leased, Advance Auto Parts investment property located in Benton Harbor, Michigan. The tenant currently has 6+ years remaining with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 5% rental increases at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is NN with landlord responsibilities limited to slab, foundation, structure, parking lot, roof and HVAC making it an ideal, low-management investment opportunity for a passive investor. As of January 3, 2026, Advance operated 4,305 stores primarily within the United States, with additional locations in Canada, Puerto Rico and the U.S. Virgin Islands.