Advance Auto Parts 8412 N Knoxville Ave 6 889 pi² Commerce de détail Immeuble Peoria, IL 61615 2 321 105 $ CAD (336,93 $ CAD/pi²) 6,97% Taux de capitalisation

RIPCO Real Estate is pleased to offer for sale 8412 Knoxville Ave, a 6,889 SF commercial property located on the northeast corner of the intersection of Knoxville
Ave and W Altorfer Lane in Peoria, IL. The property is leased to Advance Auto Parts on a NN basis and operates as a convenience-focused automotive retail business
that supplies parts, batteries, fluids, and basic care products to a steady base of local and repeat customers. Advance Auto Parts, Inc. (NYSE: AAP) is one of the largest
automotive aftermarket parts providers in the United States, operating more than 4,300 company locations across the country. Advance Auto Parts has occupied the
property since 2016 with five years remaining on the current term. This stretch of Knoxville Ave where the property is located has an AADT of 20,400. Within 3 miles of
8412 Knoxville Ave, there is a population of 32,421 and an average household income of $127,452.
The asset would be an attractive opportunity for investors looking for minimal landlord responsibilities, occupied by a strong national tenant with dedication to the
location, and located on Knoxville Ave, a primary north-south arterial road in Peoria.