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Advance Auto Parts 215 5th St 6,889 SF Retail Building Beverly, OH 45715 $990,000 ($143.71/SF) 8% Cap Rate
Investment Highlights
- Early 10-year lease extension demonstrating dedication to the site
- Top 20% Advance Auto location in Ohio in terms of annual visits (per Placer.ai)
- Advance Auto Parts reported $8.6 billion in net revenues for FY 2025
- Corporate lease signed by Advance Stores Company, Inc.
- Excellent intrinsics – low rent ($11.10/SF) & price per foot ($143)
Executive Summary
Tenant recently signed a 10-year lease extension demonstrating their dedication to this site, which ranks in the top 20% of Advance Auto locations in Ohio in terms of annual visits (per Placer.ai). The subject property benefits from standalone visibility along 5th Street, the main retail thoroughfare through Beverly, which is lined with other national tenants including McDonald’s Subway, Domino’s, and USPS.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
6,889 SF
Building Class
B
Year Built
2015
Price
$990,000
Price Per SF
$143.71
Cap Rate
8%
NOI
$79,200
Tenancy
Single
Building Height
1 Story
Building FAR
0.30
Lot Size
0.53 AC
Parking
24 Spaces (3.48 Spaces per 1,000 SF Leased)
Frontage
157’ on 5th Street
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $137,530 | |
| Land Assessment | $57,760 | Total Assessment | $195,290 |
Property Taxes
Parcel Numbers
Land Assessment
$57,760
Improvements Assessment
$137,530
Total Assessment
$195,290
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Advance Auto Parts | 215 5th St
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