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Advance Auto Parts - Jackson, OH 667 E Main St 7,000 SF Retail Building Jackson, OH 45640 $1,707,884 CAD ($243.98 CAD/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- The Lease is Backed By Advance Auto Parts, a Company With an Investment-Grade Credit Rating of BB+ From S&P and Ba1 From Moody's
- Premier Leader in the Automotive Aftermarket Parts Industry With Over 4,200 Stores in Operation
- Publicly Traded Entity on the New York Stock Exchange (NYSE: AAP)
- Within a 3-Mile Radius, Jackson Features a Demographic Profile Hosting 8,863 Residents With an Average Household Income of $82,549
- Founded in 1932, Advance Auto Parts Employs Over 62,000 People Nationwide
- The On-Demand Need For Parts By Local Shops and DIY Mechanics, Combined With the High Shipping Costs For Batteries and Other Parts
EXECUTIVE SUMMARY
We Are Pleased to Exclusively Offer For Sale the 7,000 SF Advance Auto Parts Located at 667 East Main Street in Jackson, OH. This Deal Includes a Lease Which is Backed By Advance Auto Parts, a Company With an Investment Grade Credit Rating of BB+ From S&P and Ba1 From Moody's, and $9.1 Billion in Annual Sales For 2024, Providing For a Secure Investment.
In Cooperation With ParaSell, Inc., A Licensed Ohio Broker - Lic. #REC.2020005946 BoR: Scott Reid - Lic. OH #BRKP.2020001224
In Cooperation With ParaSell, Inc., A Licensed Ohio Broker - Lic. #REC.2020005946 BoR: Scott Reid - Lic. OH #BRKP.2020001224
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
7,000 SF
Building Class
C
Year Built
2005
Price
$1,707,884 CAD
Price Per SF
$243.98 CAD
Cap Rate
8%
NOI
$136,631 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.33 AC
Parking
34 Spaces (4.86 Spaces per 1,000 SF Leased)
Frontage
286’ on Harris St.
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Advance Auto Parts
- Retailer
- 7,000 SF
- $19.51 CAD
- Double Net
- Sep 2030
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Advance Auto Parts | Retailer | 7,000 SF | $19.51 CAD | Double Net | Sep 2030 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | H14-020-00-027-00 | Improvements Assessment | $427,458 CAD |
| Land Assessment | $138,585 CAD | Total Assessment | $566,042 CAD |
PROPERTY TAXES
Parcel Number
H14-020-00-027-00
Land Assessment
$138,585 CAD
Improvements Assessment
$427,458 CAD
Total Assessment
$566,042 CAD
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Advance Auto Parts - Jackson, OH | 667 E Main St
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