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Virtual Drive-By

Advance Auto Parts NNN

45 Pulaski Blvd - Bellingham, MA · Bellingham, MA 02019 · Auto Parts / Service

Asking price
$2,144,415
Cap rate
6.50%
NOI
$139,386

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Lease

Lease typeNNN
Term remaining9.4 yrs
Expiration12/2035
Rent bumps7% Each Option
Options3 x 5 Year Options
Ground lease
Credit profileCorporate Guarantee
TenancySingle

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF7,000
Price / SF$306
Year built2008
Lot size0.72 ac
TypeAuto Shop, Storefront
Days on market108

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

  • Long-Term Tenant Commitment: Triple Net (NNN) Lease with over 9 years remaining.
  • Prime Signalized Intersection: Strategically located on a hard corner with a traffic signal, the property sees over 18,363 VPD on Pulaski Boulevard.
  • High-Income Demographics: The asset serves an exceptionally affluent trade area, serving a population of over 95,000 people with average household incomes exceeding $109,150 within a 5-mile radius.
  • Stable Sustainable Rent: The rent was recently renegotiated to a "very comfortable" and sustainable level based on the store's sales performance, reinforcing long-term tenant commitment.
  • Bellingham Market Dynamics: Positioned directly on the Massachusetts-Rhode Island border, Bellingham serves as a strategic "gateway" between the Boston and Providence metropolitan areas.

Property overview

Sands Investment Group is pleased to exclusively offer for sale the 7,000 SF Advance Auto Parts located at 45 Pulaski Boulevard in Bellingham, MA.​ This investment features a Triple Net (NNN) Lease with more than 9 years of remaining lease term, providing investors with a truly passive ownership structure and minimal landlord responsibilities.​ The rent has recently been renegotiated to a sustainable and comfortable level for the tenant based on store performance, reinforcing long-term stability and tenant commitment.​ This offering presents a secure, long-term net-lease investment opportunity backed by a nationally recognized automotive retailer.​

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Asking-market observation aggregated from public listing sources, last observed Sep 11, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.