Property Management Specialist

Advance Auto Parts Inc.; Raleigh (NC); Hybrid; USD 80,000 - 110,000; Full time

Job summary

Advance Auto Parts, Inc. is seeking a Property Management Specialist to manage and protect our real estate portfolio from lease analysis to compliance.

You will partner with Real Estate, Construction, Store Operations, Accounting/Finance, Risk Management, and Tax teams, acting as the main contact for Field and Store Operators and driving value through timely, compliant lease resolutions. The role emphasizes thorough lease analysis, documentation interpretation, and risk mitigation with a focus

Qualifications

• Strong analytical and problem‑solving ability.
• Ability to read and interpret real estate documents.
• Demonstrated understanding of financial statements and general ledger entries.
• Advanced proficiency in Microsoft Office and PC skills.
• Excellent written and verbal communication.
• Ability to negotiate and interface with management.

Responsibilities

• Cross‑Functional Collaboration with Real Estate, Construction, Store Operations, Accounting/Finance, Risk Management, and Tax teams.
• Serve as primary point of contact for Field and Store Operators.
• Lease Administration & Compliance including risk assessment and deadlines.
• Maintain compliance for leases, terminations, subleases, easements, license agreements, and estoppels.
• Investigate and resolve property‑related issues and disputes.
• Negotiate financial settlements related to easements and highway takings.
• Oversee property inspections, store closures, and turnover of leased premises.

Skills

Analytical thinking

Problem solving

Communication skills

Collaboration

Attention to detail

Education

Bachelor’s Degree or equivalent

Tools

Microsoft Office

Job description

Job DescriptionThe Property Management Specialist is responsible for managing and protecting company’s real estate properties. Protect company rights and assets by analyzing lease provisions, condemnation documents, governmental regulations and public notices. Creation of value-added resolutions through monetary considerations for highway takings, easements, consents, avoidance of cost from lease disputes and code violation fines, resolutions to default and litigation issues, closed store management and proper turnover of leased premises, and lease compliance and enforcement.What will you do?Cross-Functional CollaborationPartner with Real Estate, Construction, Store Operations, Accounting/Finance, Risk Management, and Tax teams to resolve issues throughout lease negotiations and ongoing lease operations.Serve as a primary point of contact for Field and Store Operators, sharing critical dates, policies, procedures, and addressing general inquiries.Lease Administration & ComplianceConduct thorough lease analysis to answer internal lease-related questions and identify risk throughout the lease term.Interpret leases and related real estate documents, providing guidance to internal teams to ensure compliance and protect company assets.Manage compliance for leases, terminations, subleases, easements, license agreements, access easements, billboard leases, and estoppels.Track and manage all critical dates and deadlines; maintain checklists and engage stakeholders to ensure timely execution.Monitor commencement and co‑tenancy requirements, proactively mitigating revenue loss from missed dates or violations.Evaluate and collect rent abatements or reimbursements from landlords to recover company expenditures.Landlord, Tenant & Community RelationsMaintain strong business relationships with landlords, property managers, subtenants, local communities, and government agencies.Prepare and deliver notices to landlords regarding maintenance, performance, or repair obligations.Coordinate property inspections to ensure lease compliance and proper upkeep, recommending necessary improvements.Issue Resolution & Risk MitigationInvestigate and recommend cost‑reduction opportunities.Resolve property‑related issues, lease disputes, demands, defaults, and enforcement matters.Oversee insurance compliance for properties, tenants, and vendors; manage the insurance certificate process.Facilitate resolution of code violations and negotiate fine reductions with governmental agencies.Negotiations & Financial RecoveriesNegotiate financial settlements related to easements, highway takings, and similar matters, including participation in mediations or trial proceedings.Address landlord demands, disputes, and turnover requirements for closed stores; ensure vacant space remains show‑ready.Property Oversight & Store ClosuresManage closed‑store processes including inspections, repairs, turnover, and dispute resolution.Ensure vacant or dark spaces meet company standards for condition and readiness.Qualifications:Strong analytical and problem‑solving abilityAbility to read and interpret real estate documentsDemonstrated understanding of financial statements and ability to review general ledger entriesAdvanced proficiency in Microsoft Office and general PC skillsExcellent written and verbal communication skillsAbility to collaborate effectively and interface with all levels of managementStrong negotiation skillsHigh attention to detail with strong planning and organizational capabilityAbility to manage shifting priorities, tight deadlines, and challenging situationsAbility to work independently with strong initiative and energyAbility to review properties critically and identify risks or operational opportunitiesKnowledge of commercial real estate and property managementCertifications, Experience, and Education:Certifications: Certified Property Manager preferred, not requiredExperience: 3-5 years of experience in real estate, paralegal, leasing, facilities maintenance, or property management; andEducation: Bachelor’s Degree; or equivalent combination of education and experience.undefinedLocation & Work Availability:This position is Hybrid (4 days in office, 1 day remote), based at our corporate headquarters in Raleigh, North Carolina. Flexibility for occasional travel may be required.Benefits Summary:We believe in supporting our Team Members and those they love through comprehensive health & wellness benefits. Learn more here: https://jobs.advanceautoparts.com/us/en/benefits Company Overview:Advance Auto Parts, Inc. is a leading automotive aftermarket parts provider that serves both professional installer and do-it-yourself customers. As of January 3, 2026, Advance operated 4,305 stores primarily within the United States, with additional locations in Canada, Puerto Rico and the U.S. Virgin Islands. The Company also served 809 independently owned Carquest branded stores across these locations in addition to Mexico and various Caribbean islands. Additional information about Advance, including employment opportunities, customer services, and online shopping for parts, accessories and other offerings can be found at www.AdvanceAutoParts.com. We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age national origin, religion, sexual orientation, gender identity, status as a veteran and basis of disability or any other federal, state, or local protected class.We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age national origin, religion, sexual orientation, gender identity, status as a veteran and basis of disability or any other federal, state or local protected class. We comply with all applicable federal, state, and local laws.California Residents click below for Privacy Notice:https://jobs.advanceautoparts.com/us/en/disclosures