ADVANCE AUTO PARTS 643 EAST WASHINGTON STREET, NEW CASTLE, PA

ADVANCE AUTO PARTS 643 EAST WASHINGTON STREET, NEW CASTLE, PA

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EXECUTIVE SUMMARY Marcus & Millichap is proud to represent the opportunity to purchase a corporate Advance Auto Parts located in the City of New Castle, Pennysylvania. The property sits at 643 East Washington Street on the corner of Spruce Street. Washington Street is the major thoroughfare through the city of New Castle. New Castle serves at the county seat of Lawrence County which has a population of over 100,000 people. The building was built in 1993 and the structure consists of 8,174 square feet rentable space and sits on a large lot of over 31,799 square feet. The lease with Advance Auto Parts runs through December 31, 2020 with three, five-year options. ADVANCE AUTO PARTS Headquarters Roanoke, VA Stock Symbol NYSE: AAP Founded 1932 Locations 1,300 + Employees ~74,000 Website www.advanceautoparts.com 4

FINANCIAL ANALYSIS Offering Summary Price $875,000 Price/SF $107.05 Current Occupancy 100 % Gross Leasable Area (GLA) 8,174 SF Year Built 1993 Lot Size 31,799 SF Net Operating Income $70,452 CAP Rate 8.05 % Rent Schedule Initial Term Years 1-10 $5,871.25 First Option Period Years 11-15 $6,340.95 Second Option Period Years 16-20 $6,844.20 Third Option Period Years 20-25 $7,381.00 W Annualized Operating Data Advance Auto Base Rent $5,871.25 Net Operating Income $70,452 Total Return $70,452 Lease Summary Lease Type NN Tenant Advance Stores Company Incorporated Roof & Structure Landlord Responsible Rent Commencement Date April 23, 2010 Lease Expiration Date September 30, 2020 Lease Term 10 Years Renewal Options 3, 5-year Options 5

Advance Auto Parts, Inc CREDIT RATING: B2 Address General Information 5008 Airport Road, Roanoke, Virginia, 24012, United States Phone 540-362-4911 Website www.advanceauto.com Director & Cheif Executive Office Key Personnel Cheif Financial Officer & Executive Vice President Thomas Greco Thomas Okray Store Base Stoe Count 5,204 TTM Sales $9,486,311,000 Financial Markets Stock Ticker AAP Current Price $99.51 as of 9/15/17 52 Week High/ Low $177.83 / $82.21 Advance Auto Parts (AAP) has taken the lead in the race to become the #1 provider of automotive aftermarket parts in North America. Serving both the do-it-yourself (DIY) and professional installer markets, AAP operates nearly 5,300 stores under the Advance Auto Parts, Autopart International (AI), Carquest, and Worldpac banners in the US and Canada. Its stores carry brand-name replacement parts, batteries, maintenance items, and automotive chemicals for individual car and truck owners. AAP's Carquest, AI, and Worldpac stores cater to commercial customers, including garages, service stations, and auto dealers. AAP acquired General Parts International in 2014. 6

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INVESTMENT OVERVIEW INVESTMENT HIGHLIGHTS ~ Corporate Guaranteed Lease with Advance Auto Parts ~ Advance Auto Parts has an Investment Grade Credit Rating From All Three Major Rating Agencies ~ Large Corner Lot with Excellent Parking ~ Located just 18 Miles from Yongstown, Ohio DEMOGRAPHICS POPULATION 1-MILE 5-MILES 10-MILES 2014 Population 10,905 36,106 47,778 2019 Population 10,537 35,557 47,524 HOUSEHOLDS 1-MILE 5-MILES 10-MILES 2014 Households 4,589 15,149 19,967 2019 Households 4,446 15,023 20,010 INCOME 1-MILE 5-MILES 10-MILES 2014 Median Household Income $27,243 $36,787 $39,926 2014 Per Capita Income $16,622 $20,421 $22,466 2014 Average Household Income $37,940 $47,999 $53,247 ~ New Castle is located 50 Miles North of Pittsburgh, PA ~ Excellent Visibility Along Washington Street with 9,000 Vehicles Per Day Close Proximity To: ~ Located on the Pennsylvania / Ohio Border ~ Very Low Rent ~ 8

Demographics AREA OVERVIEW Population: In 2014, the population in your selected geography is 47,778. The population has changed by 7.55 % since 2000. It is estimated that the population in your area will be 47,524 five years from now, which represents a change of 0.53% from the current year. The current population is 47.79 % male and 52.20 % female. The median age of the population in your area is 44.4, compare this to the entire US average which is 37.3. The population density in your area is 607.28 people per square mile. Households: There are currently 19,967 households in your selected geography. The number of households has changed by -3.67 % since 2000. It is estimated that the number of households in your area will be 20,010 five years from now, which represents a change of 0.21 % from the current year. The average household size in your area is 2.34 persons. Income: In 2014, the median household income for your selected geography is $39,925, compare this to the Entire US average which is currently $51,972. The median household income for your area has changed by 26.56 % since 2000. It is estimated that the median household income in your area will be $46,775 five years from now, which represents a change of 17.15 % from the current year. Employment: In 2014, there are 19,975 employees in your area, this is also known as the daytime population. The 2000 Census revealed that 55.96 % of employess are employed in white-collar occupations and 43.92 % are employed in bluecollar. In 2014, unemployment in this area is 9.50 %. Housing: In 2000, there were 15,437 owner occupied housing units in your area and there were 5,290 renter occupied housing units in your area. The median rent at the time was $326. Race and Ethnicity: The current year racial makeup of your selected area is as follows: 89.59% White, 6.91% Black, 0.00% Native American and 0.52% Asian/Pacific Islander. Compare these to Entire US averages which are: 71.60% White, 12.70% Black, 0.18% Native American and 5.02% Asian/Pacific Islander. 9

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