SNL Facilitates Advance Auto Parts Sale in Booming Texas Hill Country
Anthony Pucciarello Represents Seller in Smooth 1031 Exchange Transaction
Secure Net Lease, a nationally recognized brokerage firm, has successfully closed the sale of a freestanding Advance Auto Parts property in New Braunfels, Texas. The transaction was completed with a local 1031 exchange buyer from San Antonio, further demonstrating Secure Net Lease’s ability to pair strong net lease assets with motivated, qualified investors.
Anthony Pucciarello, who represented the seller, shared, “We were able to source a local investor out of San Antonio who was in a 1031 exchange and ready to move quickly. The buyer was well-prepared, responsive, and made the transaction incredibly smooth.”
The Advance Auto Parts is located at 1715 State Hwy 46 S, situated directly along one of New Braunfels’ primary east-west corridors. The ±7,000-square-foot building sits on 1.0 acre of land and benefits from strong surrounding demographics with more than 95,000 residents within a five-mile radius and average household incomes exceeding $110,000. Located less than a quarter mile from I-35 and surrounded by a robust mix of national retailers such as H-E-B, Walmart, and Lowe’s, this location provides long-term viability and visibility for the tenant.
“It was a straightforward deal from start to finish, facilitated by a broker we’ve had a strong working relationship with over multiple transactions. Given how seamless this process was, we’re confident it will lead to more business between our teams in the future” Pucciarello concluded.
This transaction exemplifies Secure Net Lease’s continued success in executing clean, high-quality dispositions for clients seeking quick results. By leveraging local market insight, long-standing broker relationships, and a well-targeted buyer pool, the firm ensured an efficient closing process while maximizing seller satisfaction. Deals like this highlight Secure Net Lease’s reputation for reliability and effectiveness across a wide range of asset types and markets.
Advance Auto Parts, Inc. (NYSE: AAP), headquartered in Raleigh, North Carolina, is one of the leading automotive aftermarket parts providers in North America. With over 4,700 stores and 300 Worldpac branches in the U.S., Canada, Puerto Rico, and the U.S. Virgin Islands, Advance Auto Parts serves both professional installers and do-it-yourself customers. The company’s strong brand recognition, scale, and national footprint continue to make it a reliable and desirable tenant in the net lease space.
About Secure Net Lease
Secure Net Lease is a nationally recognized brokerage firm with offices in Dallas, TX and Los Angeles, CA that specializes in the acquisition and disposition of investment real estate. With over 100 years of collective experience, over $7.4B in sales, and transaction history in 48 states, Secure Net Lease consistently ranks among the top 10 of all brokerage firms nationally within their niche. Secure Net Lease works with developers, tenants, private and institutional owners to achieve market-setting cap rates for single- and multi-tenant net lease investments across the nation. Historically, 88% of Secure Net Lease offerings are new construction leased to nationally known tenants with 10+ years remaining on the primary term.
