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Advance Auto Parts 427 Canton Rd NW 5,675 SF Retail Building Carrollton, OH 44615 $733,333 ($129.22/SF) 7.50% Cap Rate


EXECUTIVE SUMMARY
AMC Real Estate Investment Services is pleased to offer for sale a single-tenant Advance Auto Parts located at 427 Canton Rd NW, Carrollton, Ohio. The property is fully leased to Advance Auto Parts, a nationally recognized automotive aftermarket retailer providing essential vehicle maintenance parts and accessories. As a necessity-driven retailer serving both retail consumers and professional installers, the store benefits from consistent demand and resilient performance across economic cycles.
The property is strategically positioned along Canton Road NW, a primary commercial corridor serving Carrollton and the surrounding region, with traffic counts of approximately ±10,710 vehicles per day. This high-visibility location offers convenient access and steady pass-by traffic, supporting frequent visits and aligning with Advance Auto Parts’ service-oriented, repeat-customer business model.
The site benefits from its location within Carroll County and the broader eastern Ohio region, supported by a stable employment base tied to manufacturing, transportation, energy, and local services. The surrounding trade area is characterized by established residential communities and limited direct competition, providing a dependable customer base for automotive necessity retail.
This offering presents investors with the opportunity to acquire a stabilized, single-tenant net-leased asset backed by a nationally recognized retailer in a supply-constrained market. With predictable cash flow, minimal landlord management responsibilities, and durable fundamentals tied to essential automotive demand, the property is well suited for passive investors and 1031 exchange buyers seeking long-term stability.
The property is strategically positioned along Canton Road NW, a primary commercial corridor serving Carrollton and the surrounding region, with traffic counts of approximately ±10,710 vehicles per day. This high-visibility location offers convenient access and steady pass-by traffic, supporting frequent visits and aligning with Advance Auto Parts’ service-oriented, repeat-customer business model.
The site benefits from its location within Carroll County and the broader eastern Ohio region, supported by a stable employment base tied to manufacturing, transportation, energy, and local services. The surrounding trade area is characterized by established residential communities and limited direct competition, providing a dependable customer base for automotive necessity retail.
This offering presents investors with the opportunity to acquire a stabilized, single-tenant net-leased asset backed by a nationally recognized retailer in a supply-constrained market. With predictable cash flow, minimal landlord management responsibilities, and durable fundamentals tied to essential automotive demand, the property is well suited for passive investors and 1031 exchange buyers seeking long-term stability.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,675 SF
Year Built
1998
Price
$733,333
Price Per SF
$129.22
Cap Rate
7.50%
NOI
$55,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.69 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
39 Spaces (6.87 Spaces per 1,000 SF Leased)
Frontage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 10-0001502.000 | Improvements Assessment | $99,800 |
| Land Assessment | $43,890 | Total Assessment | $143,690 |
PROPERTY TAXES
Parcel Number
10-0001502.000
Land Assessment
$43,890
Improvements Assessment
$99,800
Total Assessment
$143,690
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Advance Auto Parts | 427 Canton Rd NW
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