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Advance Auto Parts 9200 E Colfax Ave 6,831 SF Retail Building Aurora, CO 80010 $2,624,330 CAD ($384.18 CAD/SF) 6.11% Cap Rate
INVESTMENT HIGHLIGHTS
- Excellent Location
- New 11 Year Lease Extension
- Proven Performer
- Freestanding
- Rent Increase in 1 Year
- Growing Area, Population, Traffic
EXECUTIVE SUMMARY
Advance Auto Parts, Inc. is a leading provider of automotive aftermarket parts, headquartered in Raleigh, North Carolina. The company serves both professional installers and do-it-yourself (DIY) customers, operating approximately 4,292 stores across the United States, Canada, Puerto Rico, and the U.S. Virgin Islands. As of July 2025, Advance Auto Parts reported net sales of about $3.4 billion for the first quarter of 2024, reflecting its resilience in the automotive aftermarket market. The company has a rich history, having been founded in 1932 by Arthur Taubman, and has expanded significantly through various acquisitions and strategic decisions to maintain its market position.
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Corner Lot
- Pylon Sign
- Security System
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Storage Space
- Monument Signage
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Retailer
- 6,831 SF
- -
- Double Net
- Dec 2036
Advance Auto Parts, Inc. is a publicly traded automotive aftermarket parts retailer (NYSE: AAP) founded on April 29, 1932 by Arthur Taubman. Headquartered in Raleigh, North Carolina, the company operates over 4,000 stores across the United States, Puerto Rico, and Canada, along with Carquest and Worldpac branches. Advance Auto Parts serves both do-it-yourself (DIY) customers and professional installers, offering a wide range of products including batteries, brakes, engine components, and maintenance supplies. The company also provides in-store services such as battery testing, installation, and recycling. With a workforce of approximately 62,800 employees, Advance Auto Parts emphasizes convenience through its e-commerce platform and same-day delivery options. The firm has grown through strategic acquisitions, including Carquest and Worldpac, and continues to expand its footprint while focusing on operational efficiency and customer service.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Retailer | 6,831 SF | - | Double Net | Dec 2036 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1973-03-2-49-001 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $674,158 CAD |
PROPERTY TAXES
Presented by
Advance Auto Parts | 9200 E Colfax Ave
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