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Advance Auto NNN for Sale in La Grange, KY — $1.0M | 8.25% Cap
  • $1,047,273

Details

  • Price $1,047,273
  • CAP Rate 8.25%
  • Tenant Advance Auto Parts
  • Years Left 2.5 years left
  • NOI $86,400
  • City La Grange

Description

Advance Auto NNN for Sale in La Grange, KY — $1,047,273 | 8.25% Cap

This Advance Auto triple net lease property in La Grange, KY offers passive income investors investment-grade credit, 2.5-year lease through 2028, and $86,400 annual NOI at 8.25% cap rate with absolute NNN structure.

Investment highlights

Lease & Location Highlights

● Constructed in 2006 as a built-to-suit for Advance Auto Parts.

● Tenant executed an early lease extension through July 2028, with two additional five-year renewal options extending potential occupancy through 2038—reflecting long-term operational commitment.

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