Gordon Brothers has been retained by Advance Auto Parts to provide surplus disposition services for 83 owned and leased sites across 38 states.
The leading automotive aftermarket parts provider is divesting these non-core assets as the company focuses on its go forward growth strategy.
“We are excited to work with such a great partner and assist the exceptional in-house real estate team at Advance Auto Parts as they right size their portfolio for the future,” said Michael Burden, Co-Head of North America Real Estate Services at Gordon Brothers. “This portfolio of properties offers a fantastic opportunity for growth-minded retailers who are looking to expand their portfolio in a strategic manner.”
The available properties provide excellent access to established and growing retail trade areas, with spaces ranging from 4,000 to 16,000 square feet and are ideal for a variety of retail uses. The leases being marketed offer attractive real estate with desirable rental rates and terms.
For additional details and a list of available locations, contact Wally Egelanian at wegelanian@gordonbrothers.com.