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19 N Main St 12,789 SF 100% Leased Industrial Building New London, OH 44851 $446,634 CAD ($34.92 CAD/SF)
INVESTMENT HIGHLIGHTS
- Available: 12,789 SF | .588 AC
- 7 Overhead Doors: 6 - 10' x 10' and 1 – 12' x 12'
- Zoning: DBD (Downtown Business District)
- Term: 3 Year NNN lease remaining through January 2029 with three 5 year options. Guarantee by Genuine Parts Company, dba NAPA Auto Parts
- Parking: 12 Spaces
- 2024 Annual Real Estate Taxes: $3,180.98
EXECUTIVE SUMMARY
This property is an AGENT OWNED property currently leased to NAPA Auto Parts, Inc., a nationally recognized and creditworthy tenant with over 6,000 locations across North America. The current lease runs through January 2029 with three additional five-year renewal options, offering long-term income stability. NAPA is responsible for property taxes and insurance, while the landlord maintains the building structure and site, resulting in minimal management and predictable cash flow. The property offers 12 parking
spaces and seven overhead doors (six measuring 10’ x 10’ and one at 12’ x 12’), supporting excellent operational flexibility. Zoned DBD (Downtown Business District), the site accommodates a wide range of commercial uses and future adaptability. With scheduled rent escalations every five years, this asset represents a secure, low-maintenance investment backed by a strong national tenant and prime downtown location.
spaces and seven overhead doors (six measuring 10’ x 10’ and one at 12’ x 12’), supporting excellent operational flexibility. Zoned DBD (Downtown Business District), the site accommodates a wide range of commercial uses and future adaptability. With scheduled rent escalations every five years, this asset represents a secure, low-maintenance investment backed by a strong national tenant and prime downtown location.
PROPERTY FACTS
| Price | $446,634 CAD | Building Class | B |
| Price Per SF | $34.92 CAD | Lot Size | 0.63 AC |
| Sale Type | Investment | Rentable Building Area | 12,789 SF |
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Warehouse | Year Built | 2004 |
| Zoning | DBD - Downtown Business District | ||
| Price | $446,634 CAD |
| Price Per SF | $34.92 CAD |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 0.63 AC |
| Rentable Building Area | 12,789 SF |
| No. Stories | 1 |
| Year Built | 2004 |
| Zoning | DBD - Downtown Business District |
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PROPERTY TAXES
| Parcel Number | 26-0180-02-009-0000 | Improvements Assessment | $91,463 CAD |
| Land Assessment | $9,305 CAD | Total Assessment | $100,768 CAD |
PROPERTY TAXES
Parcel Number
26-0180-02-009-0000
Land Assessment
$9,305 CAD
Improvements Assessment
$91,463 CAD
Total Assessment
$100,768 CAD
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19 N Main St
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