[Remote] Sr. Real Estate Development Manager at Advance Auto Parts

United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Real Estate, Retail, AutomotiveIndustries

Requirements

Prior experience in market development and real estate negotiations
Strong negotiation, communication, and relationship-building skills
Proficiency in real estate systems (e.g., Lucernex) and Microsoft Office Suite
Ability to travel frequently (75%) and work independently in a fast-paced environment
Demonstrated consistent attention to detail with high accuracy
Strong real estate financial background with ability to understand a P&L and calculate figures such as square footage, interest, commissions, development cap rates, and percentages
Demonstrated success in cross-functional collaboration, both internally and externally
CCIM (Certified Commercial Investment Member) Designation and/or Real Estate Agent or Broker License preferred
5-7 years of experience in market or real estate development for a retail organization
Bachelor’s degree in real estate, business, finance or similar field of study; or equivalent combination of education and/or experience
Located within or in close proximity to the assigned market

Responsibilities

Travel extensively to target markets to evaluate potential sites, meet with brokers, and assess real estate opportunities
Collaborate with the Real Estate Analytics team to review market roadmaps and provide field-based insights to refine strategy
Build and maintain strong relationships with real estate brokers and preferred developers; coordinate property tours, review listings, and assess ground-up development opportunities
Partner with Operations, Construction, and Legal teams to align on site selection, development feasibility, and project execution
Source new properties (existing buildings, ground-up developments, etc.) and lead the negotiation of Letters of Intent (LOIs) with property owners
Maintain accurate records in Lucernex, including landlord and site information, and manage documentation throughout the development lifecycle
Oversee site plans, architectural drawings, and visual documentation; prepare comprehensive site packages for Real Estate Committee review
Transition approved sites to the Construction team while maintaining ongoing relationships with brokers, landlords, and other stakeholders throughout lease negotiation and build-out phases
Accountable for all aspects of physical growth, portfolio optimization, and real estate cost management in the assigned geographic territory
Identify, evaluate, and advance new real estate opportunities across multiple markets
Serve as the key liaison between the Real Estate team and field operations to ensure alignment between strategic goals and on-the-ground execution
Work with property owners, developers, brokers, municipalities, and all internal teams to implement strategies in the assigned markets

Skills

Key technologies and capabilities for this role

Real Estate DevelopmentSite EvaluationMarket AnalysisBroker NegotiationLOI NegotiationLucernexSite PlanningArchitectural DrawingsProject ManagementCross-Functional Collaboration