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NAPA/Advance Auto Parts Retail Lease
For Sale
Contact for pricing
Pending

511 Kanawha Ave, Rainelle, WV 25962

Single-tenant auto parts retail property with long-term corporate lease extending through December 2030.

Property SizeContact for details
Days on Market147

Property Features for 511 Kanawha Ave

General Information

Standard status Pending
Property subtype Retail
Listing Agency: NAI KLNB (Tysons, VA)
Listed By: Ernie Hueter · License #WV 0026328
Source: Crexi
Added: Apr 11 Changed: Aug 25 Last Checked: Aug 31 at 1:08AM

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 NAI KLNB (Tysons, VA)

Investment Insights

Based on property information with market context.

This is a single-tenant auto parts retail property operated by Advance Auto Parts, with more than 25 years of operating history at the location. The tenant has a recently signed extension through December 2030, with 8+ years remaining under the current corporate signed lease and two (5-year) options to extend.

The property fronts Kanawha Avenue and is located across from Park Center, an approximately 80,000 SF Kroger-anchored shopping center. The asset benefits from significant street frontage and multiple points of access.

The lease is structured as NN with fee simple ownership. Tenant pays a pro rata share of taxes, insurance, and real estate taxes as additional rent. Landlord responsibilities include roof, structure, utility systems, and CAM, with CAM reimbursed by the tenant.

Key Highlights

  • Advance Auto Parts operating 25+ years at the location with a recent lease extension through December 2030
  • 8+ years remaining on a corporate‑signed NN lease with two (5‑year) options to extend
  • Scheduled rental increases at the beginning of each option

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Building Supply Dental Office Auto Parts Store Grocery & Convenience Store Storage Facility Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

114
Businesses Nearby
37k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 40% Groceries 31% Shops & Services 27% Electronics 2%
Kroger Groceries
11,371 visits/mo 0.4 miles
McDonald's Dining
10,876 visits/mo 0.5 miles
Dollar General Shops & Services
4,492 visits/mo 0.4 miles
Pizza Hut Dining
3,856 visits/mo 0.5 miles
H&R Block Shops & Services
3,258 visits/mo 0.5 miles

Demographics for 25962, WV

3,273
Population
1,608
Households
2
Avg Household Size
47
Median Age
12%
College-Educated
83%
High-School Grad
75.9 sq mi
ZIP Area
43
Density / Sq Mi
$42,631
Median Household Income
$24,243
Median Earnings
$730
Median Rent
$96,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Coats Automotive & Performance 1151 Kanawha Ave, Rainelle, WV 25962

Frequently Asked Questions

What type of property is this?
Auto shop - Single-tenant auto parts retail property with long-term corporate lease extending through December 2030.
Where is this auto shop located?
The property is located at 511 Kanawha Ave Rainelle, WV.
What are key features of this property?
This property features: Advance Auto Parts operating 25+ years at the location with a recent lease extension through December 2030; 8+ years remaining on a corporate‑signed NN lease with two (5‑year) options to extend; Scheduled rental increases at the beginning of each option
More about this property
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