Property Management Specialist

Advance Auto Parts•Raleigh, NC

1d•Hybrid

About The Position

The 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.

Requirements

Strong analytical and problem‑solving ability
Ability to read and interpret real estate documents
Demonstrated understanding of financial statements and ability to review general ledger entries
Advanced proficiency in Microsoft Office and general PC skills
Excellent written and verbal communication skills
Ability to collaborate effectively and interface with all levels of management
Strong negotiation skills
High attention to detail with strong planning and organizational capability
Ability to manage shifting priorities, tight deadlines, and challenging situations
Ability to work independently with strong initiative and energy
Ability to review properties critically and identify risks or operational opportunities
Knowledge of commercial real estate and property management
3-5 years of experience in real estate, paralegal, leasing, facilities maintenance, or property management
Bachelor’s Degree; or equivalent combination of education and experience.

Nice To Haves

Certified Property Manager preferred, not required

Responsibilities

Partner 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.
Conduct 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.
Maintain 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.
Investigate 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.
Negotiate 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.
Manage closed‑store processes including inspections, repairs, turnover, and dispute resolution.
Ensure vacant or dark spaces meet company standards for condition and readiness.