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Advance Auto Parts 100 Hughes Blvd 7,000 SF Retail Building Mount Orab, OH 45154 $1,234,483 ($176.35/SF) 7.25% Cap Rate

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Investment Highlights

  • Constructed in 2007 as a built-to-suit for Advance Auto Parts.
  • Approximately ±11 years remaining on the extended base term of a NNN Lease.
  • Mt Orab is positioned within the Cincinnati MSA, providing additional access to major highways that run through surrounding metro’s such as Columbus
  • Tenant recently executed an early 10-year lease extension through December 2036 —reflecting long-term operational commitment.
  • Strong retail synergy with surrounding national tenants including Kroger, McDonald’s, Burger King, Taco Bell, Wendy’s, Dairy Queen, and more.
  • Strong average household income of $101,599 in a 5-mile radius.

Executive Summary

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

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,000 SF
Building Class
C
Year Built
2004
Price
$1,234,483
Price Per SF
$176.35
Cap Rate
7.25%
NOI
$89,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.00 AC
Opportunity Zone
Yes
Zoning
C - Retail Trade
Parking
33 Spaces (4.71 Spaces per 1,000 SF Leased)
Frontage
191’ on North Point Drive

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Retailer
  • -
  • $14.00
  • Triple Net
  • Dec 2026

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 - $14.00 Triple Net Dec 2026

Nearby Major Retailers

Great Steak & Potato Company
LaRosa's Pizzeria
Snap Fitness
Starbucks
Kroger
US Bank
Giovanni's Pizza

Property Taxes

Property Taxes

Parcel Number
11-018112-0020
Land Assessment
$91,480
Improvements Assessment
$366,140
Total Assessment
$457,620
  • Listing ID: 39419168

  • Date on Market: 2/12/2026

  • Last Updated:

  • Address: 100 Hughes Blvd, Mount Orab, OH 45154

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