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Advance Auto Parts NNN | Recent 10 Year Ext 945 Coshocton Ave 7,000 SF Retail Building Mount Vernon, OH 43050 $1,495,000 ($213.57/SF) 7% Cap Rate
Investment Highlights
- Single Tenant 7,000 Square Foot Advance Auto Parts in Mt Vernon, OH
- Recent 10 Year Renewal Ending in December 2035 With Two 5-Year Renewal Options
- Extremely Strong Retail Corridor - 1.1 Million SF of Retail with 99.5% Occupancy Along 1.3-Mile Stretch of Route 36/Coshocton Ave
- Long-Term NNN Lease With Tenant Responsible For All Maintenance, Repairs, Taxes, Insurance, And Utilities
- Strong Rent To Sales of 6.4%
- Located Along Route 36/Coshocton Avenue – 22,470 Vehicles Per Day
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
7,000 SF
Building Class
C
Year Built
2005
Price
$1,495,000
Price Per SF
$213.57
Cap Rate
7%
NOI
$104,650
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.17 AC
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
Advance Auto Parts began in 1932 when Arthur Taubman acquired Advance Stores in Virginia, and the business later developed into a publicly traded automotive aftermarket retailer. The company serves professional installers and do-it-yourself customers through retail stores, online shopping, and customer support services, with offerings that include replacement parts, accessories, batteries, and maintenance items. Advance Auto Parts also operates the Carquest brand and maintains a broad North American presence that includes the United States, Canada, Puerto Rico, and the U.S. Virgin Islands.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 66-05853.001 | Improvements Assessment | $185,570 |
| Land Assessment | $118,180 | Total Assessment | $303,750 |
Property Taxes
Parcel Number
66-05853.001
Land Assessment
$118,180
Improvements Assessment
$185,570
Total Assessment
$303,750
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