June 4, 2025 – Kenneth Salute, Michael Talbert and Jarett Zackman of Horvath & Tremblay have successfully completed the sale of Advance Auto Parts in Egg Harbor, New Jersey. Horvath & Tremblay represented the buyer to complete the transaction at a sale price of $2,242,303.
Advance Auto Parts is located at 6011 Black Horse Pike in Egg Harbor, New Jersey. Advance Auto Parts occupies a 9,945 square foot building on a 1.24-acre parcel of land. Advance Auto Parts recently extended their lease demonstrating their commitment to the site and the market and has 10+ years remaining on their Triple Net Lease with three (3), 5-year renewal options. The lease features attractive rent increases at the start of each renewal option, providing the investor with an attractive increase in revenue and a hedge against inflation. The Property is situated along Black Horse Pike (US Route 40 & 322), the area’s primary commercial and commuter corridor. The Property enjoys outstanding visibility and frontage and is convenient to the area’s national retailers and restaurants, which drive traffic to the area. The Property is also surrounded by residential neighborhoods, providing a built-in customer base. Egg Harbor is 12 miles from Atlantic City and 45 miles from Downtown Philadelphia.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.