Auto Parts
Advance Auto Parts | Hard Corner Highway Exit Location | Sidney, OH
1510 Michigan St, Sidney, OH 45365
Listing Price: $1,396,000
Investment Overview
Advance Auto Parts NNN lease with 6.75 years remaining in Sidney, Ohio (48K-Person MSA). 2011 built-to-suit, 6,124-square-foot all-masonry building on 0.69-acre site with excellent visibility, two curb cuts & pylon sign. Hard corner, highway-exit site – Just 0.15-mile east of I-75 exit ramps (I-75 = 49,900 vehicles per day). Situated along Route 47 with 17,436 vehicles per day, 1.1 miles West of Downtown Sidney. route 47 is Sidney’s highest-traffic arterial; primary east-west roadway connecting the I-75 exit ramps at route 309 to Downtown Lima.
Investment Highlights
- Advance Auto Parts NNN Lease with 6.75 Years Remaining in Sidney, Ohio (48K-Person MSA)
- Strong Intrinsic Value in the Underlying Highway-Adjacent Real Estate; Low Price Per Square Foot of $228
- Demonstrated Commitment to Site via 2021 Lease Extension; Extended Six Years Early for Additional Five-Year Term
- Minimal Landlord Responsibilities – "Structure" Only; Tenant Fully Responsible for Roof & HVAC During Current Term
- Advance Auto Parts (AAP) – Publicly-Traded with $2.25 Billion Market Cap and 4,788 Stores
- S&P "BB+ / Stable" and Moody's "Ba1 / Stable"
Auto Parts
Advance Auto Parts | Hard Corner Highway Exit Location | Sidney, OH
Listing Price: $1,396,000
Investment Highlights
- Advance Auto Parts NNN Lease with 6.75 Years Remaining in Sidney, Ohio (48K-Person MSA)
- Strong Intrinsic Value in the Underlying Highway-Adjacent Real Estate; Low Price Per Square Foot of $228
- Demonstrated Commitment to Site via 2021 Lease Extension; Extended Six Years Early for Additional Five-Year Term
- Minimal Landlord Responsibilities – "Structure" Only; Tenant Fully Responsible for Roof & HVAC During Current Term
- Advance Auto Parts (AAP) – Publicly-Traded with $2.25 Billion Market Cap and 4,788 Stores
- S&P "BB+ / Stable" and Moody's "Ba1 / Stable"
Investment Overview
Advance Auto Parts NNN lease with 6.75 years remaining in Sidney, Ohio (48K-Person MSA). 2011 built-to-suit, 6,124-square-foot all-masonry building on 0.69-acre site with excellent visibility, two curb cuts & pylon sign. Hard corner, highway-exit site – Just 0.15-mile east of I-75 exit ramps (I-75 = 49,900 vehicles per day). Situated along Route 47 with 17,436 vehicles per day, 1.1 miles West of Downtown Sidney. route 47 is Sidney’s highest-traffic arterial; primary east-west roadway connecting the I-75 exit ramps at route 309 to Downtown Lima.

