Your email has been sent.
Advance Auto Parts 1133 Bellefontaine Ave 7,000 SF Retail Building Lima, OH 45804 $1,521,553 CAD ($217.36 CAD/SF) 7.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Advance Auto Parts Double-Net Lease with 5.75 Years Remaining in Lima, OH
- In-Place Since 1997 – 28 Years of Tenancy with History of Renewals/Extensions
- Reported Sales of $1.26 Million (CY 2023) – Low Rent-to-Sales Ratio of 6.5%
- Demonstrated Commitment to via 2021 Lease Extension; Extended 4 Years Early for Additional 5-Year Term in Exchange for 5% Rent Reduction
- Low Rent of $11.67/SF and Low Price/SF of $156
- Hard Corner Site; Situated Along Bellefontaine Avenue with 12,095 VPD
PROPERTY FACTS
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
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 | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $218,292 CAD | |
| Land Assessment | $62,718 CAD | Total Assessment | $281,010 CAD |
PROPERTY TAXES
Presented by
Advance Auto Parts | 1133 Bellefontaine Ave
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.