1025 S Main St
Bowling Green, OH 43402
Advance Auto | 20 yr op history | low rent · Retail Property For Sale

Illuminate Real Estate is proud to present this seasoned, 5,675 square foot, freestanding Advance Auto Parts situated on .61 acres and located in Bowling Green, OH. The subject property, was built in 1998 and currently boasts a 20-year operating history at this location. This proven location bene?ts from a low rent and an established track record within the Advance store network. With the latest extension there are approximately 5.75 years of term remaining. Combined with multiple renewals over the life of the lease, this most recent extension will showcase an operating history of just over 25 years by the time the tenant reaches its next opportunity to extend. There are currently an additional (2) 5-year renewal options in place with 5% rental increases in each option. The lease is Advance’s prototypical double-net lease form. The site sits adjacent to a brand new construction Checker’s Express Car Wash and bene?ts from its immediate proximity to several economic drivers within the Bowling Green Market, including: Hobby Lobby (directly across street), 24-Hour Walmart Supercenter, Home Depot, Staples, Petco and Aldi. Other area tenants include: McDonald’s, Pizza Hut, Wendy’s, Maurices, Dollar General and TJ Maxx to name a few. Main St. is a heavily traf?cked retail thoroughfare that boasts combined daily traf?c counts of 20,600 at its intersection with W. Gypsy Lane Rd, just south subject property. There is excellent population density within a 3 mile radius (32,724 people) highlighted by 6 apartment complexes with ¼ mile of the site. Bowling Green is the county seat of Wood County Ohio and the city is home to Bowling Green State University and its ~19,000 students/faculty. Average HH incomes within a 3 mile radius exceed $58,000 annually. The demographic makeup in the marketplace are ideal for Advance Auto Parts value oriented customer base.