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Advance Auto Parts 100 Hughes Blvd 7,000 SF Retail Building Mount Orab, OH 45154 $1,680,341 CAD ($240.05 CAD/SF) 7.25% Cap Rate
Investment Highlights
- Constructed in 2007 as a built-to-suit for Advance Auto Parts.
- Approximately ±11 years remaining on the extended base term of a NNN Lease.
- Mt Orab is positioned within the Cincinnati MSA, providing additional access to major highways that run through surrounding metro’s such as Columbus
- Tenant recently executed an early 10-year lease extension through December 2036 —reflecting long-term operational commitment.
- Strong retail synergy with surrounding national tenants including Kroger, McDonald’s, Burger King, Taco Bell, Wendy’s, Dairy Queen, and more.
- Strong average household income of $101,599 in a 5-mile radius.
Executive Summary
Matt Wallace
License # REC.2022007141 (OH)
Matthews Real Estate Investment Services, Inc
950 Main Ave., Suite 510, Cleveland, OH 44113
(866) 889-0550
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
- $19.00 CAD
- Triple Net
- Dec 2026
Advance Auto Parts, Inc. is a publicly traded automotive aftermarket parts retailer (NYSE: AAP) founded on April 29, 1932 by Arthur Taubman. Headquartered in Raleigh, North Carolina, the company operates over 4,000 stores across the United States, Puerto Rico, and Canada, along with Carquest and Worldpac branches. Advance Auto Parts serves both do-it-yourself (DIY) customers and professional installers, offering a wide range of products including batteries, brakes, engine components, and maintenance supplies. The company also provides in-store services such as battery testing, installation, and recycling. With a workforce of approximately 62,800 employees, Advance Auto Parts emphasizes convenience through its e-commerce platform and same-day delivery options. The firm has grown through strategic acquisitions, including Carquest and Worldpac, and continues to expand its footprint while focusing on operational efficiency and customer service.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | - | $19.00 CAD | Triple Net | Dec 2026 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 11-018112-0020 | Improvements Assessment | $496,962 CAD |
| Land Assessment | $124,166 CAD | Total Assessment | $621,128 CAD |
Property Taxes
Contacts
-
Landon Reynolds -
Josh Bishop -
Scotty Latimer -
Matthews Real Estate Investment Services
Presented by
Advance Auto Parts | 100 Hughes Blvd
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