ADVANCE AUTO PARTS 3101 MURDOCH AVE, PARKERSBURG, WV 26101

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1 Representative Photo ADVANCE AUTO PARTS 3101 MURDOCH AVE, PARKERSBURG, WV OFFERING MEMORANDUM R E T A I L A D V I S O R S

2 CONFIDENTIALITY & DISCLAIMER STATEMENT This Offering Memorandum contains select information pertaining to the business and affairs of Advance Auto Parts located at 3101 Murdoch Ave, Parkersburg, WV ( Property ). It has been prepared by Matthews Retail Advisors. This Offering Memorandum may not be all-inclusive or contain all of the information a prospective purchaser may desire. The information contained in this Offering Memorandum is confidential and furnished solely for the purpose of a review by a prospective purchaser of the Property. It is not to be used for any other purpose or made available to any other person without the written consent of Seller or Matthews Retail Advisors. The material is based in part upon information supplied by the Seller and in part upon financial information obtained from sources it deems reliable. Owner, nor their officers, employees, or agents makes any representation or warranty, express or implied, as to the accuracy or completeness of this Offering Memorandum or any of its contents and no legal liability is assumed or shall be implied with respect thereto. Prospective purchasers should make their own projections and form their own conclusions without reliance upon the material contained herein and conduct their own due diligence. By acknowledging your receipt of this Offering Memorandum for the Property, you agree: 1. The Offering Memorandum and its contents are confidential; 2. You will hold it and treat it in the strictest of confidence; and 3. You will not, directly or indirectly, disclose or permit anyone else to disclose this Offering Memorandum or its contents in any fashion or manner detrimental to the interest of the Seller. Owner and Matthews Retail Advisors expressly reserve the right, at their sole discretion, to reject any and all expressions of interest or offers to purchase the Property and to terminate discussions with any person or entity reviewing this Offering Memorandum or making an offer to purchase the Property unless and until a written agreement for the purchase and sale of the Property has been fully executed and delivered. If you wish not to pursue negotiations leading to the acquisition of the Property or in the future you discontinue such negotiations, then you agree to purge all materials relating to this Property including this Offering Memorandum. A prospective purchaser s sole and exclusive rights with respect to this prospective transaction, the Property, or information provided herein or in connection with the sale of the Property shall be limited to those expressly provided in an executed Purchase Agreement and shall be subject to the terms thereof. In no event shall a prospective purchaser have any other claims against Seller or Matthews Retail Advisors or any of their affiliates or any of their respective officers, Directors, shareholders, owners, employees, or agents for any damages, liability, or causes of action relating to this solicitation process or the marketing or sale of the Property. This Offering Memorandum shall not be deemed to represent the state of affairs of the Property or constitute an indication that there has been no change in the state of affairs of the Property since the date this Offering Memorandum. Matthews Retail Advisors

3 Table of Contents PRICING & FINANCIAL ANALYSIS Investment Overview... 2 Investment Highlights... 2 Executive Summary...3 Company Overview...4 PROPERTY DESCRIPTION Physical Description...7 Bird s Eye... 8 Regional Map... 9 Tenant Map...10 DEMOGRAPHICS City Overview Parkersburg, WV...12 Demographics Report E XC LUS I V ELY L I ST ED BY: Jim Schuchert Associate DIRECT MOBILE [email protected] License No Chad Kurz Managing Partner DIRECT MOBILE [email protected] License No Gillian Greenfield Broker of Record License No. WV

4 Matthews Retail Advisors Representative Photo

5 Pricing & Financial Analysis

6 Investment Overview Jim Schuchert and Chad Kurz of the Matthews Retail Advisors are pleased to exclusively offer for sale to qualified investors a net leased Advance Auto Parts in Parkersburg, WV. The investment offers the ability to acquire a double-net Advance Auto Parts property with 2 years remaining on the lease. The lease is corporately guaranteed by Advance Auto Parts (Standard & Poor s rated BBB-) which is the country s largest automotive replacement parts and accessories chain with more than 5,261 stores. Investment Highlights PROPERTY DETAILS 2.5 years remaining on NN lease with one (1) five (5) year option Proven location as Advance Auto Parts has successfully operated at this site for over 20+ years Limited landlord responsibilities with brand new roof installed last year LOCATION Parkersburg is the 4th largest city in West Virginia Located on main thoroughfare boasting traffic counts in excess of 30,000+ VPD Nearby retailers include Lowe s, Sam s Club, Knart, Walmart Supercenter, Home Depot, Chick-fil-A, Steak n Shake, Sears, Dunham Sports, CVS, Applebees, and McDonalds TENANT Investment Grade Credit Tenant S&P Rated BBB- Market cap of $12.5 billion 5,261 Stores Fortune 500 company P. 2 Matthews Retail Advisors OFFERING MEMORANDUM Advance Auto Parts

7 Executive Summary ADVANCE AUTO PARTS 3101 MURDOCH AVE PARKERSBURG, WV List Price... $973,636 CAP Rate - Current % Gross Leasable Area... 7,650 SF Lot Size Acres (31,167 SF) Year Built Annualized Operating Data Monthly Rent Annual Rent Rent/SF CAP Rate Current - 12/31/2017 $6,694 $80,325 $ % Option 1-12/31/2022 $7,363 $88,357 $ % Tenant Summary Tenant Trade Name Advance Auto Parts, Inc. Type of Ownership Fee Simple Lease Guarantor Corporate Lease Type NN Roof, Parking Lot Landlord Responsible Original Lease Term 10 Years Lease Agreement Date 11/22/1993 Lease Expiration Date 12/31/2017 Term Remaining on Lease 2.2 Years Increases 10% at Option Options One (1) Five (5) Year Option Advance Auto Parts OFFERING MEMORANDUM Matthews Retail Advisors P. 3

8 Company Overview Property Name Advance Auto Parts Gross Leasable Area 7,650 SF Property Type Net Leased Auto Parts Parent Company Trade Name Advance Auto Parts Ownership Public Credit Rating BBB- Rating Agency Standard & Poor s Revenue $9.84 Billion Net Income $493 Million Stock Symbol AAP Board NYSE No. of Locations 5,261 Headquartered Roanoke, VA Web Site Year Founded 1932 Advance Auto Parts, Inc., together with its subsidiaries, operates as a retailer of automotive aftermarket parts, accessories, batteries, and maintenance items. It operates in two segments, Advance Auto Parts (AAP), and Autopart International (AI). The APP segment operates stores that primarily offer auto parts comprising alternators, batteries, belts and hoses, chassis parts, clutches, engines and engine parts, ignition, lighting, radiators, starters, spark plugs and wires, transmissions, and water pumps; accessories, including floor mats, mirrors, vent shades, MP3 and cell phone accessories, and seat and steering wheel covers; chemicals consisting of antifreeze, brake and power steering fluids, freon, fuel additives, windshield washer fluids, and car washes and waxes; and oil, transmission fluids, and other automotive petroleum products. This segment also provides battery and wiper installation, battery charging, check engine light reading, electrical system testing, video clinics, loaner tool programs, and oil and battery recycling services; and sells its products through online. The AI segment operates stores that offer replacement parts for domestic and imported cars, and light trucks to customers in northeast and mid-atlantic regions, as well as to warehouse distributors and jobbers in North America. Advance Auto Parts, Inc. was founded in 1929 and is based in Roanoke, Virginia. P. 4 Matthews Retail Advisors OFFERING MEMORANDUM Advance Auto Parts

9 Property Description

10 P. 6 Matthews Retail Advisors OFFERING MEMORANDUM Advance Auto Parts Representative Photo

11 Physical Description THE OFFERING Property Name... Advance Auto Parts Property Address Murdoch Ave Parkersburg, WV Assessor s Parcel Number SITE DESCRIPTION Number of Stories...One Year Built Gross Leasable Area (GLA)... 7,650 SF Lot Size Acres (31,167 SF) Type of Ownership...Fee Simple Parking Surface Spaces Parking Ratio : 1,000 SF Landscaping...Professional Topography... Generally Level CONSTRUCTION Foundation...Concrete Slab Framing... Steel Exterior... Brick Parking Surface...Asphalt Roof...Flat Advance Auto Parts OFFERING MEMORANDUM Matthews Retail Advisors P. 7

12 Bird s Eye P. 8 Matthews Retail Advisors OFFERING MEMORANDUM Advance Auto Parts

13 Regional Map Advance Auto Parts OFFERING MEMORANDUM Matthews Retail Advisors P. 9

14 Tenant Map P. 10 Matthews Retail Advisors OFFERING MEMORANDUM Advance Auto Parts

15 DEMOGRAPHICS

16 City Overview Parkersburg, WV Parkersburg is a city in and the county seat of Wood County, West Virginia. Located at the confluence of the majestic Ohio River, it is the state s fourth-largest city. Residents and visitors of Parkersburg indulge in the romance and intrigue of Blennerhassett Island Historical State Park, handcrafted artistry of world-famous Fenton Art Glass and superb outdoor recreational opportunities at North Bend State Park & Rail Trail. The area s rich heritage, much of it involving the early oil and gas industry, is presented at numerous museums and historic areas like: Fort Boreman Historical Park, once a strategic fort because of its far-reaching views; the Burning Springs Oil Field, where the birth of the oil industry coincided with one of the first conflicts of The Civil War. P. 12 Matthews Retail Advisors OFFERING MEMORANDUM Advance Auto Parts

17 Demographics Report Population 1-Mile 3-Mile 5-Mile 2020 Projection 7,058 39,447 61, Estimate 7,260 39,982 61, Census 7,517 40,702 62, Census 7,697 42,478 65,198 Households 1-Mile 3-Mile 5-Mile 2020 Projection 3,202 17,832 27, Estimate 3,296 17,963 27, Census 3,419 18,134 27, Census 3,585 18,719 28,029 Income 1-Mile 3-Mile 5-Mile $0 - $15, % 19.98% 18.19% $15,000 - $24, % 16.15% 14.93% $25,000 - $34, % 13.39% 13.04% $35,000 - $49, % 16.32% 16.57% $50,000 - $74, % 16.15% 16.28% $75,000 - $99, % 8.40% 9.18% $100,000 - $124, % 5.29% 5.81% $125,000 - $149, % 2.00% 2.41% $150,000 - $199, % 1.19% 1.78% $200,000 - $249, % 0.41% 0.68% $250,000 - $499, % 0.56% 0.84% $500, % 0.17% 0.29% 2015 Est. Average Household Income $47,405 $47,521 $52, Est. Median Household Income $34,787 $35,446 $38,478 Advance Auto Parts OFFERING MEMORANDUM Matthews Retail Advisors P. 13

18 ADVANCE AUTO PARTS 3101 Murdoch Ave Parkersburg, WV OFFERING MEMORANDUM Jim Schuchert Associate DIRECT MOBILE License No Chad Kurz Managing Partner DIRECT MOBILE License No Gillian Greenfield Broker of Record License No. WV Matthews Retail Advisors 841 Apollo Street, Suite 150 El Segundo, CA