Advance Auto Parts Tenant Overview

Advance Auto Parts, Inc. is an American automotive aftermarket parts provider that serves both professional installers and do-it-yourself customers. The company’s stores and branches offer a broad selection of brand name, original equipment manufacturer, and private label automotive replacement parts, accessories, batteries, and maintenance items for domestic and imported cars, vans, sport utility vehicles, and light and heavy-duty trucks. Advance Auto Parts, Inc. operates its stores under the Advance Auto Parts, Autopart International, Carquest, and WorldPac brand names.

The company was founded in 1929 and is headquartered in Raleigh, NC. The company operates over 4,900 stores and WorldPac 160 branches in the United States, Puerto Rico, the U.S. Virgin Islands, and Canada; and served 1,253 independently owned Carquest branded stores in Mexico, the Bahamas, Turks and Caicos, and the British Virgin Islands. Advance Auto Parts employs over 70,000 people.

The company is publicly traded on the NYSE, AAP, and has a market capitalization of approximately $11 billion. Advance Auto Parts is an investment grade rated company with a Standard and Poor’s rating of BBB-.