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NNN Advance Auto Parts Retail

400 Mountain Pkwy, Salyersville, KY 41465

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For Sale

$1,262,000

Fee-simple NNN leased to Advance Auto Parts with corporate guarantee and multiple extension options.

Type:Retail

Property size:

9,765 SF

Price / SF:

$129/SF

HighLights

Fee‑simple NNN property leased to Advance Auto Parts, Inc. with corporate guarantee (NYSE: AAP).
Advance Auto Parts has occupied the site for over 13 years.
Tenant has three (5‑year) lease extension options.
Lease includes scheduled rent increases: 4.6% on the first option and 10% on the second and third options.
NNN lease structure with minimal landlord responsibilities.

We can help!

Listing Contact

Michael Carter

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For Sale

$1,262,000

Fee-simple NNN leased to Advance Auto Parts with corporate guarantee and multiple extension options.

Type:Retail

Property size:

9,765 SF

Price / SF:

$129/SF

Added:: Jun 9, 2026
Days on Market:: 6
Last Refresh:: Jun 13 at 3:04 am

Property Features for 400 Mountain Pkwy

General Information

Standard status: Active
Size: 9,765 SF
Property subtype: Retail

Building Details

Year Built: 2012

Properties For Sale

at 400 Mountain Pkwy Contact us

We can help!

Listing Contact

Michael Carter

Listing agent Michael Carter License #6501369793

Listing office SRS Real Estate Partners Newport Beach

Listing date Jun 9, 2026

Source Srsre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners Newport Beach

HighLights

Fee‑simple NNN property leased to Advance Auto Parts, Inc. with corporate guarantee (NYSE: AAP).
Advance Auto Parts has occupied the site for over 13 years.
Tenant has three (5‑year) lease extension options.
Lease includes scheduled rent increases: 4.6% on the first option and 10% on the second and third options.
NNN lease structure with minimal landlord responsibilities.

Overview

SRS National Net Lease offers the opportunity to acquire the fee simple interest (land and building ownership) in a NNN, corporate-guaranteed Advance Auto Parts investment property. The tenant is Advance Auto Parts, Inc., which has occupied the site for more than 13 years, and the lease includes three (5-year) options to extend. The lease is structured as NNN with minimal landlord responsibilities, supporting a lower-management ownership approach.

The property is located at 400 Mountain Pkwy in Salyersville, KY. As part of the lease terms, rental increases are scheduled in connection with extension options, including a 4.6% rental increase in the first option and 10% increases in the second and third options.

For buyers seeking a stabilized, passively oriented net lease investment, this asset features a long-tenured automotive retailer and a corporate guarantee from a publicly traded parent (NYSE: AAP). The multiple extension options provide continued occupancy runway, while the NNN structure is designed to limit landlord involvement after acquisition. This offering is positioned for investors who want a straightforward ownership profile aligned with net lease fundamentals.

Location Intelligence

Current Use by Public Records

Auto shops

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Location Insight

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Local Demand

City: Salyersville
County: Magoffin
State: Kentucky
Longitude: -83.041104
Latitude: 37.738624

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For sale
NNN properties
KY
Salyersville
41465
400 Mountain Pkwy

What type of property is this?

NNN property - Fee-simple NNN leased to Advance Auto Parts with corporate guarantee and multiple extension options.

Where is this nnn property located?

The property is located at 400 Mountain Pkwy Salyersville, KY.

What is the asking price?

The asking price for this property is $1,262,000.

What are key features of this property?

This property features: Fee‑simple NNN property leased to Advance Auto Parts, Inc. with corporate guarantee (NYSE: AAP).; Advance Auto Parts has occupied the site for over 13 years.; Tenant has three (5‑year) lease extension options.