19 N Main St 12 789 pi² Commerce de détail Immeuble New London, OH 44851 407 054 $ CAD (31,83 $ CAD/pi²) 9,55% Taux de capitalisation

This is an agent-owned property offering investors a rare opportunity to acquire a NNN-leased asset backed by a Fortune 500 corporate guarantor. The property is leased to Genuine Parts Company (NYSE: GPC), one of the largest and most financially stable distributors in North America, operating under the NAPA Auto Parts brand across more than 6,000 locations. The current lease runs through January 2029 with three additional five-year renewal options, scheduled rent escalations of 3% at each option period, and the tenant responsible for real estate taxes and insurance, resulting in predictable, low-management cash flow with built-in inflation protection. The building offers 12,789 square feet with seven overhead doors and 12 parking spaces, providing strong operational utility and flexible re-tenanting potential. Zoned Downtown Business District (DBD), the site accommodates a wide range of commercial uses. Environmental due diligence has been completed, including a Phase I assessment and subsurface analysis confirming no underground storage tanks and clean groundwater, with documentation available to qualified buyers upon request.