Advance Auto Parts NNN
For Sale
Contact for pricing
520 W Midland Ave, Woodland Park, CO 80863
NN lease structure with recent roof work and a long-term tenant commitment.
Property SizeContact for details
Days on Market144
Property Features for 520 W Midland Ave
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Traffic Count
27,000 vehicles/day
Road Access
Yes
Building Details
Year Built
1996
Year Renovated
2001
Buildings
1
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Newport Beach
(480) 221-4221
Listed By:
Patrick R. Luther, CCIM · License #CA License No. 01912215
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Aug 30 at 9:21AM
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
Investment Insights
Based on property information with market context.
This fee-simple property includes the land and building occupied by Advance Auto Parts. The improvements date to 1996 and were remodeled in 2001. The NN lease places roof and parking lot responsibilities with the landlord, and a new roof has been installed on the front half of the building.
The property is positioned on Midland Avenue in the heart of Woodland Park, with traffic exceeding 27,000 vehicles per day. The location is 18 miles west of Colorado Springs and serves a five-mile trade area with 13,961 residents and average household income above $89,807.
Approximately 9 years remain in the current lease term, followed by two (2) five (5) year options with increases. Advance Auto Parts has also committed to a 7-year lease extension. The lease is guaranteed by Advance Stores Company, Inc., which carries a BBB- investment-grade credit rating from Standard & Poor’s.
The property is positioned on Midland Avenue in the heart of Woodland Park, with traffic exceeding 27,000 vehicles per day. The location is 18 miles west of Colorado Springs and serves a five-mile trade area with 13,961 residents and average household income above $89,807.
Approximately 9 years remain in the current lease term, followed by two (2) five (5) year options with increases. Advance Auto Parts has also committed to a 7-year lease extension. The lease is guaranteed by Advance Stores Company, Inc., which carries a BBB- investment-grade credit rating from Standard & Poor’s.
Key Highlights
- Advance Auto Parts occupies the land and building under an NN lease
- Approximately 9 years remain in the current lease term
- Two (2) five (5) year options with increases
Property Analytics
Property Profile
Current Use
Lease Details
27,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
813
Businesses Nearby
102k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 37%
Dining 31%
Groceries 20%
Home Improvements & Furnishings 12%
City Market
Groceries
20,191 visits/mo
0.2 miles
Wendy's
Dining
16,006 visits/mo
0.1 miles
Valero Energy
Shops & Services
11,561 visits/mo
0.0 miles
Tractor Supply Co.
Home Improvements & Furnishings
10,631 visits/mo
0.2 miles
Dollar Tree
Shops & Services
8,683 visits/mo
0.3 miles
Demographics for 80863, CO
12,738
Population
5,734
Households
2.2
Avg Household Size
49
Median Age
42%
College-Educated
97%
High-School Grad
173.4 sq mi
ZIP Area
73
Density / Sq Mi
$100,011
Median Household Income
$49,333
Median Earnings
$1,960
Median Rent
$503,400
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - NN lease structure with recent roof work and a long-term tenant commitment.
Where is this nnn property located?
The property is located at 520 W Midland Ave Woodland Park, CO.
What are key features of this property?
This property features: Advance Auto Parts occupies the land and building under an NN lease; Approximately 9 years remain in the current lease term; Two (2) five (5) year options with increases
