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Advance Auto Parts NNN
277 Church St · Whitinsville, MA 01588 · Auto Parts / Service
Asking price
$1,755,000
Cap rate
7.25%
NOI
$127,260
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Lease
Lease typeNNN
Term remaining6.3 yrs
Expiration10/2032
Rent bumps7% rent increases every option period
Options—
Ground leaseNo
Credit profile—
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$251
Year built2007
Lot size0.95 ac
TypeAuto Shop
Days on market3
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Investment highlights
A TOP PERFORMING STORE - RANKED #16 OF 80 STATE LOCATIONS - This location is one of Advance Auto Parts' strongest-performing stores, ranking #16 among approximately 80 state locations. Placer.ai also ranks the store #1 within a 15-mile trade area, underscoring its strong customer draw and strategic importance within the company's regional operating network.
NNN LEASE - The tenant is responsible for all operating expenses, maintenance, roof, and capital expenditures, with landlord solely responsible for structure, foundation, and slab
TENANT: ADVANCE STORES COMPANY, INC. - A subsidiary of Advance Auto Parts, Inc., one of North America's largest automotive aftermarket retailers with more than 4,300 locations and approximately $8.6 billion in annual revenue.
6 YEARS LEFT WITH OPTIONS THROUGH 2042 & 7% RENT INCREASES - The lease offers approximately six years of remaining base term, followed by renewal options extending occupancy through 2042. Each option period features 7% rent increases, providing contractual income growth and long-term appreciation potential.
OPERATING SUCCESSFULLY AT THIS LOCATION SINCE 2007 - Advance Auto Parts has successfully operated from this location for nearly 20 years, demonstrating an established customer base and the property's long-term importance within the Central Massachusetts market.
ONLY NATIONAL AUTO PARTS RETAILER WITHIN A 7-MILE RADIUS - As the only national auto parts retailer within approximately seven miles, the property benefits from a highly defensible competitive position and serves as the dominant branded automotive parts destination for the surrounding communities.
AFFLUENT CENTRAL MASSACHUSETTS TRADE AREA - The property serves an established trade area with an average household income exceeding $134,000 within three milesand 98.3% retail occupancy, reflecting strong demographics, healthy retail fundamentals, and sustained demand for commercial space.
Property overview
Marcus & Millichap is pleased to exclusively present for sale a NNN lease with Advance Auto Stores Company, located in the affluent Boston bedroom community of Whitinsville, MA.
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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.