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15 Year Lease Investment Properties

Some great locations are coming out of the ground for 15-year lease Advance Auto properties. For example, a new Advance located on a front-and-center Outparcel at a Wal-Mart SuperCenter just came on the market in Tennessee. The 7.0 CAP price for this 15 year base term income steam with three 5-year lease renewal options is just an example of some of the new 15 year lease investments coming available for investors. Some of the new locations seem to provide good upside for the site over the hold period. This type property sells well.