Success Stories

CASE STUDY

Advance Auto Parts

Background:

Excess Space has been a long-time partner of Advance Auto Parts in the disposition of their surplus real estate. This specific project was associated with their acquisition of Discount Auto Parts. This necessitated the immediate sale of 128 fee-simple properties, the vast majority of which were freestanding buildings.This initiative represented a critical part of making the acquisition a success for Advance Auto. The results referenced below were achieved in the first 12 months from project commencement.

Results:

Total Number Of Properties For Sale:  128

Average Building Size:  7,257

Completed Transaction Within First 12 Months:  101

Total Sales For Completed Transactions:  $43,0000,000

Excess Space, a Newmark Knight Frank company

Social Media:

East Coast Office:

One Hollow Lane, Suite 206
Lake Success, NY 11042

Phone: (516) 365-6400

Fax: (516) 365-2946

West Coast Office:

2130 Main Street, Suite 220
Huntington Beach, CA 92648

Phone: (714) 594-9800

Fax: (714) 536-1884

©2019 Excess Space Retail Services Inc.
All Rights Reserved|Legal & Privacy Statements

Excess Space, a Newmark Knight Frank company

©2019 Excess Space Retail Services Inc.
All Rights Reserved|Legal & Privacy Statements

Social Media:

East Coast Office:

One Hollow Lane, Suite 206
Lake Success, NY 11042

Phone: (516) 365-6400

Fax: (516) 365-2946

West Coast Office:

2130 Main Street, Suite 220
Huntington Beach, CA 92648

 

Phone: (714) 594-9800

Fax: (714) 536-1884