1392 EDWIN MILLER BLVD · MARTINSBURG, WV 25404-3704 · Auto Parts / Service
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1. Strategic Location: Located along Edwin Miller Boulevard,
Advance Auto Parts is strategically positioned within the area’s
primary commercial corridor, benefiting from strong visibility and
consistent consumer traffic. With immediate access to Interstate
81, the property captures demand from both local residents and
regional travelers, supporting long-term tenant performance and
site exposure.
2. Stable Cashflow: The tenant has successfully operated at
this location since 2004, demonstrating long-term confidence in
the Martinsburg market. The subject has strong unit level annual
sales, reach out to agent for more detail. The recent execution
of a 10-year lease extension, with 8.5 years of term remaining,
provides investors with durable and predictable income. The
lease structure also offers built-in protection against inflation
through scheduled rent increases of 10% every 5 years, including
throughout the upcoming option period beginning in 2034.
3. Recession-Resistant Tenant: Advance Auto Parts (NYSE:
AAP) continues to gain momentum through its restructuring
strategy, reporting positive EPS of $1.13 in 2025 — its first
profitable year since 2022. The automotive aftermarket industry
has historically remained resilient during economic downturns.
With the average vehicle age in the U.S. reaching 12.9 years,
alongside continued growth in miles driven and overall vehicle
fleet size, Advance Auto Parts is positioning themselves for
sustained long-term demand and operational stability.
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Asking-market observation aggregated from public listing sources, last observed Sep 4, 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.