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Auto Parts

Advance Auto Parts | Hard Corner Highway Exit Location | Sidney, OH

1510 Michigan St, Sidney, OH 45365

Listing Price: $1,395,000

Cap Rate
7.50%
Tenant Name
Advance Auto Parts
Years Remaining On Lease
6.3
Gross SF
6,124
Guarantor
No Guarantee
Rentable SF
6,124
Price/Gross SF
$227.79
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$17.10

Investment Overview

Advance Auto Parts NNN Lease with 6.75 Years Remaining in Sidney, OH (48K-Person MSA). Hard Corner, Highway-Exit Site – Just 0.15-Mile East of I-75 Exit Ramps (I-75 = 49,900 VPD).

Investment Highlights

  • Advance Auto Parts NNN Lease with 6.75 Years Remaining in Sidney, OH (48K-Person MSA)
  • Strong Intrinsic Value in the Underlying Highway-Adjacent Real Estate; Low Price/ SF of $228
  • Minimal Landlord Responsibilities – "Structure" Only; Tenant Fully Responsible for Roof & HVAC During Current Term

Exclusively Listed By

Financing By

Auto Parts

Advance Auto Parts | Hard Corner Highway Exit Location | Sidney, OH

Listing Price: $1,395,000

Cap Rate
7.50%
Tenant Name
Advance Auto Parts
Years Remaining On Lease
6.3
Gross SF
6,124
Guarantor
No Guarantee
Rentable SF
6,124
Price/Gross SF
$227.79
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$17.10

Investment Highlights

  • Advance Auto Parts NNN Lease with 6.75 Years Remaining in Sidney, OH (48K-Person MSA)
  • Strong Intrinsic Value in the Underlying Highway-Adjacent Real Estate; Low Price/ SF of $228
  • Minimal Landlord Responsibilities – "Structure" Only; Tenant Fully Responsible for Roof & HVAC During Current Term

Investment Overview

Advance Auto Parts NNN Lease with 6.75 Years Remaining in Sidney, OH (48K-Person MSA). Hard Corner, Highway-Exit Site – Just 0.15-Mile East of I-75 Exit Ramps (I-75 = 49,900 VPD).

Exclusively Listed By

Financing By

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