12516 Highway 44 Gonzales, LA 70737

This commercial property is leased to Advance Auto Parts, one of the nation’s largest automotive aftermarket parts providers serving professional installers and do-it-yourself customers. The lease is corporate guaranteed by Advance Stores Company, Inc., with an S&P rating of BB. Considered an essential retailer, Advance Auto Parts has maintained consistent operations and rent payments, including throughout the COVID-19 pandemic. The property benefits from a rare absolute NNN lease. Advance Auto signed a new 15-year lease in 2020, confirming their commitment to the location and market. Approximately 7.5 years remain on the base term of the initial 15-year lease. The property is located in Gonzales, Louisiana, in Ascension Parish in southeastern Louisiana, positioned between Baton Rouge and New Orleans, offering convenient access to major employment centers, regional retail, and industrial corridors. Gonzales is situated approximately 25 miles south of Baton Rouge and 50 miles northwest of New Orleans, providing strong connectivity to both metropolitan areas via Interstate 10. The location benefits from approximately 19,000 vehicles daily at the intersection of N Burnside Ave. The 5-mile population consists of approximately 91,940 residents with do-it-yourself demographics based on an average household income of $118,856 annually. The property has 6,758 square feet.