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Advance Auto Parts 5819 Cleveland Ave 6 844 pi² Commerce de détail Immeuble Columbus, OH 43231 1 377 985 $ CAD (201,34 $ CAD/pi²) 7,23% Taux de capitalisation

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Certaines informations ont été traduites automatiquement.

FAITS SAILLANTS DE L'INVESTISSEMENT

FRESH 10-YEAR EARLY RENEWAL: In July 2024 the lease was amended to extend the term out to 10 Years through December 2034, communicating not only this
PRICED BELOW REPLACEMENT COST: With the cost of construction rising rapidly, at just under $145 PSF there is significant value in this basis since com
COLUMBUS MARKET: Columbus is one of the fastest growing and affordable cities in the Midwest with strong employment and drivers such as the new $20B I

25+ YEAR OPERATING HISTORY: This location has been in operation for over 25 years with a history of renewals, signaling the significant commitment AAP
POWER-CENTER SHADOW ANCHORED: This Advance Auto Parts location is shadowed by the +250,000 SF Columbus Square Power Center which drives local retail t

RÉSUMÉ DE L'ANNONCE

Broker of Record: Matt Wallace
License # REC.2022007141 (OH)
Matthews
950 Main Ave., Suite 510, Cleveland, OH 44113
(866) 889-0550

FAITS SUR LA PROPRIÉTÉ

Type de vente

Investissement

Type de propriété

Commerce de détail

Sous-type de propriété

Immeuble de commerce

Taille du bâtiment

6 844 pi²

Classe d’immeuble

Année de construction

1997

Prix

1 377 985 $ CAD

Prix par pi²

201,34 $ CAD

Taux de capitalisation

7,23%

Revenu net d’exploitation

99 678 $ CAD

Location

Unique

Hauteur du bâtiment

1 étage

Coefficient d’occupation des sols de l’immeuble

0,16

Taille du lot

0,97 AC

Zonage

LC4 - Développement commercial local

Stationnement

37 places (5,41 places par 1 000 pi² loué)

Façade

152’ sur Cleveland Ave

Enseigne sur pylône

PRINCIPAUX LOCATAIRES

Détaillant
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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.