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4675 Dixie Hwy 6,720 SF Retail Building Fairfield, OH 45014 $965,000 ($143.60/SF) 7.27% Cap Rate
INVESTMENT HIGHLIGHTS
- This 6,720 SF Advance Auto Parts is a single-tenant, double-net lease, corporately guaranteed. It has over five years remaining with 2 5-year options
- Advance Auto Parts has occupied this space since 1998 and has extended their lease multiple times.
- Part of a major retail corridor along Dixie Highway that also includes Jungle Jim’s International Market, a well-known retail destination
- Priced well below replacement cost
- Located on the border of the city’s largest industrial/manufacturing park which accounts for a significant number of jobs in the area
- Located 5 miles north of the I-75 and I-275 interchange (combined 270,000 VPD). 168,483 residents within 5 miles with avg. HH income of $93,672
EXECUTIVE SUMMARY
DATA ROOM Click Here to Access
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
AMENITIES
- Dedicated Turn Lane
- Pylon Sign
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Retailer
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
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 | 99,999 SF | $9.99 | Lorem Ipsum | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | A0700-007-000-001 | Improvements Assessment | $118,630 |
| Land Assessment | $64,910 | Total Assessment | $183,540 |
PROPERTY TAXES
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4675 Dixie Hwy
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